Let's go through it. Gonna provide some thoughts on who I think is making the cut and who isn't
SURVIVING:
SEN (too iconic to let go)
PRX (fan favourite team can't let go)
Fnatic (2023 Fnatic is too notable to let go of the org as a whole)
EDG (most iconic Chinese team made a LAN before the game was even out in the country
DRX (a strong team that has fans and finance can't let go)]
Heretics (2x gfinalist, team with fanbase and good financial position)
NRG (won Champs a year and a quarter before 2027)
Uncertain:
G2 (didn't make franchising initially due to Andrew Tate being at that party but have proven themselves in Americas. maybe riot changes their mind this time)
Global Esports (not made it out of groups once but indian valorant is too big to let go of them, and no org is in a better financial position I think)
JD Gaming (not doing very well in game and viewership is low, but riot has a good relationship with the org)
NOT SURVIVING:
BBL (having 2 slots riot will look at that and go "wtf")





