Just a heads up this speculation is in relation to association to current world events in the Ukraine and Russia*
If I'm repeating something that been bought up prior then I apologies but as a person who follows motor racing I'm seeing a lot of rumors surrounding governing bodies restricting drivers like Danil Kyvat and Nikita Mazepin from competing. And though I would hope Riot don't follow suit in preventing players of Russian citizenship from competing at offline international events the precedence would likely be there in other sporting/(esports with the blast premiere restrictions in CSGO).
To circle back to Version 1, given they are currently looking like a very strong contender within NA to make it to Master 1 a potential outlaw of Russian players could unfortunately hit them with the same issue they had on their last trip to Iceland with Wippie being unable to compete. However the more unfortunate issue I would like to raise is the potential for the current situation to not result in a blanket exclusion of Russian players, however the political nature of the conflicts having an adverse effect on Russian Visa's and travel which is an issue Wippie has already had in the past (pre-conflict) which I could only imagine could result in him missing Masters 1 if the team did qualify to represent NA.