"Waaah x, y, and z teams didn't get in but echo fox did wtf rito"
$$$$ speaks boyos. Of course Riot isn't going to accept teams that aren't profitable. The most major offender being Immortals, as they keep spending money out their ass. Meanwhile Echo Fox has gotten even more big-brand sponsors.
And I quote from the original article releasing the info, More information has surfaced in regards to Immortals' declination. In addition to Immortals' role in the Overwatch League, sources close to Riot Games have contacted ESPN to express that Riot had concerns around Immortals' finances. The team has operated at a significant loss since its formation in late 2015, sources said, and would not be able to contribute to the revenue share -- which sees money go both to and from the developer and other teams.
IMT was my second favorite team to CLG, and even CLG barely made it in. The players from IMT will all be picked up by new/other teams, and there is a good chance a new org will probably buy out all of them. Stop clinging so much to the brand, the logo and name isn't what won them games, their players did.
You can argue all you want for the other teams until statements are made, but I see most people crying about IMT and that is the only team there has been mention of Riot's reasons for.
All in all, IMT would have been dead weight to every other team in the league because they share revenue, so not only would it hurt Riot but it'd hurt every team participating.
I have no doubt in my mind IMT sheeple are going to throw out the facts and just choose to disagree anyways because of the sheer success of the org since they've been founded, but what are you going to do? Monkeys on the boards aren't going to bring them back. If you want to bring them back, either donate around $20 mil yourself to them, or start a gofundme that can raise that much. Good luck.