ONE Championship fires three executives amid financial struggles and event cancellations

ONE Championship has terminated 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 as the organization faces ongoing financial difficulties and continues to cancel scheduled events. The post suggests these developments indicate ONE Championship may struggle to maintain its position as a leading global MMA promotion. The organization has seen fighter departures, reduced activity for remaining athletes, executive layoffs, and cancellations of major fights and events. The trend raises questions about the long-term viability of the Asian promotion.