Do you actually think all those unsucessful tier 2 orgs would even have a chance to get a franchising spot?
They haven't qualified for shit the last 2 acts and only won those mickey mouse tournaments and suddenly they leave valorant because they couldn't get a slot on the most important and prestigious league for tier 1? Bullshit
Plus, the fact they won't even wait to see riot's plans for the tier 2 shows how much commitment they had with the game and the scene, therefore riot was right in denying them a position on the league. They were just waiting for a somehow solid reason to dump their val teams and save money.