ONE Championship fires three key executives amid financial struggles

ONE Championship has terminated three major executives: vice president and former UFC fighter Rich Franklin, senior vice president of competition Matt Hume, and chief operating officer John Shaeler. The dismissals come amid ongoing financial difficulties and event cancellations for the promotion. The post suggests these moves indicate ONE Championship may not continue functioning as a leading global MMA promotion for much longer, noting fighters are leaving, remaining fighters are inactive, and major fights and events are being cancelled.