it's a real tournament. But it's an off season tournament like it or not.
it doesn't happen during the actual circuit
Riot does not give out the trophy, saudi arabia does.
there is no real risk to losing EWC whereas in VCT you've got to perform very well or be relegated and/or not go to masters/champs.
Yes it's 2mill, yes that's a lot of money, yes that's money worth trying for no matter where it came from, but it's not a masters trophy, it's not a Champs trophy, It's an off season trophy.
It's not a mickey, good teams are there, but it's an off season tournament, just like SEN city classic, SEN invitational, Ludwig/Tarik, and EMEA clash just with more money and teams. Winning/Losing this doesn't decide your fate as an org, Winning/Losing this doesn't decide what players are good and what players are bad. Because you get more fame, more recognition, more favor with riot which means more than that 2mill over time, by winning a masters/Champs. It doesn't MATTER. It's a cracked tournament with amazing players and teams, but theres nothing really on the line here aside from a big prize pool.
How good/bad a team does here does not show how they will perform against teams in the actual VCT circuit. Because like it or not theres a reason to not try as hard since this tournament is not correlated with riot whatsoever aside from the game itself. That's why you see EDG throwing signed into the tournament, or using a full team of academy players. That's why G2 let shackkk play for leaf instead of finding an actual sub, because win or lose nothing happens to your org. Theres no RISK here.