ONE Championship fires three senior executives amid financial struggles

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 Sehler. The dismissals come amid ongoing financial difficulties and event cancellations for the Asian promotion. The organization has been experiencing significant challenges including fighter departures, reduced activity for remaining athletes, and cancelled major fights and events. The report suggests these developments indicate ONE may struggle to maintain its position as one of the leading global MMA promotions. The layoffs represent a major restructuring of the promotion's leadership team.