ONE Championship fires three senior executives amid financial troubles

ONE Championship has terminated three key executives from their leadership team: Vice President and former UFC fighter Rich Franklin, Senior Vice President of Competition Matt Hume, and Chief Operating Officer John Scherer. The dismissals come as the promotion continues to face ongoing financial difficulties and has been forced to cancel events. The post suggests ONE Championship's viability as a leading global MMA promotion is in serious question. Fighters are reportedly leaving the organization, while those who remain are competing infrequently. The combination of executive departures, fighter exits, cancelled major fights and events points to significant organizational instability. The author expresses concern for fighters still contracted to the promotion.