The Valorant 2024 Masters Madrid is underway.
The action takes place in Spain from March 14-24, as eight teams gather to battle it out for glory.
Here, The Sporting News brings you all you need to know about the schedule, rankings, and results from the tournament.
Valorant 2024 Masters Madrid competition format
The Masters Madrid Valorant 2024 takes place from March 14-24, 2024 in Madrid, Spain.
The tournament is divided into two stages: group stage and knockout round. A total of eight teams will compete, from 4 regions: Americas, China, EMEA (Europe) and Pacific.
The group stage takes place from March 14-18, competing according to the Swiss format. The eight teams will battle against each other, with matches in the group stage all using the Bo3 format.
The four teams with the best records will advance to the knockout round. The knockout round takes place from March 21-24, and will be run in a winner-loss format (Double-Elimination). Each team must lose 2 matches to be officially eliminated.
Teams with a 2-0 record from the group stage will be seeded, and will face teams with a 2-1 record. Matches take place in Bo3 format.
The third-place match-up and the grand final will take place in a Bo5 format.
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Valorant 2024 Masters Madrid group stage schedule
| Date | Time (GMT) | Round | Matchup |
| March 14 | 3 p.m. | 1 | Karmine Corp 2-0 FunPlus Phoenix |
| March 14 | 6 p.m. | 1 | Gen.G Esports 2-1 LOUD |
| March 15 | 3 p.m. | 1 | EDward Gaming 2-1 Paper Rex |
| March 15 | 6 p.m. | 1 | Sentinels 2-1 Team Heretics |
| March 16 | 3 p.m. | 2 | Sentinels 2-0 Karmine Corp |
| March 16 | 6 p.m. | 2 | EDward Gaming 1-2 Gen.G Esports |
| March 17 | 3 p.m. | 2 | FunPlus Phoenix 0-2 LOUD |
| March 17 | 6 p.m. | 2 | Team Heretics 1-2 Paper Rex |
| March 18 | 3 p.m. | 3 | LOUD 2-0 EDward Gaming |
| March 18 | 6 p.m. | 3 | Karmine Corp 1-2 Paper Rex |
Valorant 2024 Masters Madrid group stage rankings
| Ranking | Team | Matches | Rounds | RD |
| 1 | Gen.G Esports | 2-0 | 68-53 | +15 |
| 2 | Sentinels | 2-0 | 57-52 | +5 |
| 3 | LOUD | 2-1 | 81-55 | +26 |
| 4 | Paper Rex | 2-1 | 100-99 | +1 |
| 5 | EDward Gaming | 1-2 | 63-91 | -28 |
| 6 | Karmine Corp | 1-2 | 80-77 | +3 |
| 7 | FunPlus Phoenix | 0-2 | 34-52 | -18 |
| 8 | Team Heretics | 0-2 | 63-67 | -4 |
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Valorant 2024 Masters Madrid playoff schedule
Here is how the playoffs for the Valorant 2024 Masters Madrid look:
Upper Bracket Semifinals
- Gen.G Esports 2-0 Paper Rex
- Sentinels 2-1 LOUD
Lower Bracket Semifinals
- Paper Rex 2-0 LOUD
Upper Bracket Final
- Gen.G Esports 2-1 Sentinels
Lower Bracket Final
- Sentinels 3-1 Paper Rex
Grand Final
- Sentinels 3-2 GenG. Esports
Where to watch Valorant 2024 Masters Madrid live via stream
The matches of Masters Madrid Valorant 2024 will be broadcast live via the Youtube or Twitch channel of VALORANT Champions Tour.
Valorant 2024 Masters Madrid prize money
The total prize of Masters Madrid Valorant 2024 is 500,000 USD. The champion team will receive 250,000 USD.
| Achievements | Bonus | VCT Points |
| Champion | 250,000 USD | 3 |
| Runner-up | 100,000 USD | - |
| Third place | 65,000 USD | - |
| Rank 4 | 35,000 USD | - |
| Rank 5-6 | 15,000 USD | - |
| Rank 7-8 | 10,000 USD | - |