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 competitions Matt Hume, and chief operating officer John Sheler. The dismissals come amid ongoing financial difficulties and event cancellations for the Asian promotion. The post suggests these moves indicate ONE's struggle to maintain its status as a leading global MMA organization. Fighters are reportedly leaving, active fighters are competing infrequently, and major fights and events are being canceled. The situation raises concerns about the long-term viability of the promotion.