LOUD became the first team to exit the playoff stage of the VALORANT Champions Tour 2024: Masters Madrid, losing to Paper Rex in the lower bracket.

The "do or die" game between LOUD and Paper Rex concluded, determining the first team to leave the playoff stage, while the winner moves on in their quest for the championship at the tournament.

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Paper Rex and Ilya "something" Petrov from the first map showed the Brazilians that they came into the match to win, securing a hard-fought victory on the enemy's pick. Following this, they moved onto their own pick and demonstrated an equally commendable performance, ending the match with a 2:0 score in maps. LOUD exits the tournament in 4th place, earning $25,000.

The VALORANT Champions Tour 2024: Masters Madrid takes place from March 14 to 24. The top eight teams from around the world (two from each region) compete for a share of the $500,000 prize pool and 3 points necessary for qualification for the world championship.