ONE Championship fires three key executives amid financial troubles

ONE Championship has terminated three major 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 Sehler. The dismissals come against a backdrop of ongoing financial difficulties and event cancellations for the promotion. The post suggests ONE Championship's ability to continue functioning as a leading global MMA promotion is in serious doubt. Additional signs of organizational distress include fighters departing, remaining fighters competing infrequently, major fights and events being cancelled, and key personnel being let go.