THEY MADE LCS?????? HOLY FUCK CONGRATS IM SO PROUD.
their GM did an AMA and basically tldr 100T needed money so riot bought back the franchise slot from them but allowed them to stay for 2025 as a guest team. this means that post 2025 it is unknown what will happen to 100T and also they do not get the same financial support from riot that the actual franchise orgs do
they are broke in the same way all the other esports orgs are. they just need capital because they do a lot of stuff outside of esports regarding like merch and stuff. its likely the end of 100T league but something their GM emphasized a lot in the AMA was that 100T wants to stay in as many esports as possible