If I'm not wrong, they used to be one of the top orgs in the world.
Now I barely see them participating in anything. And when they are, they're rarely any good
Didn't make franchising due to past org dealings with immortals/envy/optic weird org buying and dealings. CEO h3czs saw T2 as not worth it due to cost and only wanted to be in valorant if he was given franchising so pulled out especially after wining a major.