ONE Championship fires three top executives amid financial troubles

ONE Championship has dismissed three key executives from its leadership team: vice president and former UFC fighter Rich Franklin, senior vice president of competition Matt Hume, and chief operating officer John Schieler. The firings come amid ongoing financial difficulties for the Asian promotion, which has also been canceling scheduled events. The organization is showing signs of decline with fighters departing, reduced activity for those who remain, and the cancellation of major fights and events. The post text suggests concerns about ONE Championship's ability to continue functioning as one of the leading MMA promotions globally. These executive departures represent a significant shake-up in the company's leadership structure during a challenging period.