The rulebook for the upcoming VCT Stage 2: Masters Reykjavik has been made publicly available, including the format of the event, a loose schedule, and the prize pool distribution for the international event.
In the rulebook, the seeding was revealed, with Draw 1 including the winners of the NA and EU Challengers Finals: Sentinels and Team Liquid. Both teams are seeded into opposite sides of the bracket.
Draw 2 was entirely randomized in this order: NA 2, EMEA 2, BR 1, BR 2, KR, LATAM, JP, SEA.
The ten teams will play in a double-elimination bracket, with the opponents of Draw 1 being decided by two play-in matches. All matches will be best-of-three, with the exception of the grand final, which will be a best-of-five with no map advantage.
While an exact schedule was not provided, a rough outline of each day's matches was provided as such:
- Day 1 - Monday, May 24, 2021
- Three matches: Both Play-in Matches, one Upper Quarterfinal match
- Day 2 - Tuesday, May 25, 2021
- Three matches: Three Upper Quarterfinal matches
- Day 3 - Wednesday, May 26, 2021
- Three matches: Two Lower Round 1 matches, One Semifinals match
- Day 4 - Thursday, May 27, 2021
- Three matches: One Semifinals match, Two Lower Round 2 matches
- Day 5 - Friday, May 28, 2021
- Three matches: Two Lower Round 3 matches, Upper Final
- Day 6 - Saturday, May 29, 2021
- Two matches: Lower Semifinals, Lower Final
- Day 7 - Sunday, May 30, 2021
- One match: Grand Final
The $600,000 USD prize pool will be distributed as such:
- 1st: $200,000
- 2nd: $100,000
- 3rd: $80,000
- 4th: $60,000
- 5-6th: $40,000
- 5-6th: $40,000
- 7-8th: $25,000
- 7-8th: $25,000
- 9-10th: $15,000
- 9-10th: $15,000