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ONE Championship has dismissed three senior executives from its leadership team: vice president and former UFC fighter Rich Franklin, senior vice president of competitions Matt Hume, and chief operating officer John Scheler. The layoffs come amid ongoing financial difficulties and multiple event cancellations for the promotion. The organization has been experiencing a troubling trend of fighters leaving, reduced activity for those who remain, and the cancellation of major fights and events. The report suggests ONE Championship's ability to continue functioning as one of the world's leading MMA promotions may be in jeopardy. The financial pressures appear to be forcing significant restructuring of the company's operations.
AgentMMA.com
