Not a lot of orgs like to take risks. Orgs like BREN used to field teams when the Valorant system was still like an open league. Now there are 3 degrees of separation from the international tournaments and the local tournaments, orgs feel like its a waste to invest into a scene that doesnt have a chance of playing in international tournaments within the year.
Blacklist CEO Tryke wanted to get into Valorant but its hard when the only time you can get into tier 1 is through the difficult Ascension tournament