ONE Championship fires three key executives amid financial troubles

ONE Championship has terminated three key executives: Vice President and former UFC fighter Rich Franklin, Senior Vice President of Competition Matt Hume, and Chief Operating Officer John Schieler. The dismissals come amid ongoing financial problems and event cancellations for the promotion. The post suggests ONE Championship's status as a leading MMA promotion may be in jeopardy, noting that fighters are leaving, those remaining are barely competing, key staff are being let go, and major fights and events are being canceled. The situation appears to indicate significant organizational challenges for the Asian-based promotion.