**Recent disappointing results at the end of the 2026 VCT season, combined with expiring contracts for four of the five starters, have driven strong trader consensus that Paper Rex will not retain its current lineup into 2027.** The active roster—d4v41, f0rsakeN, something, Jinggg, and invy—reached multiple international grand finals earlier in the year but finished 5th-6th in Pacific Stage 2 and 7th-8th at Champions Shanghai after a notable collapse against T1. This included blowing a large lead on the deciding map. Only invy’s contract runs through 2027; the other four expire at the end of 2026, creating significant roster uncertainty in free agency. Paper Rex’s own post-Champions statement framed the result as the close of an era while emphasizing a return, and the organization has shown willingness to make targeted changes (such as the mid-to-late 2025 shifts involving mindfreak, PatMen, and invy) when performance or internal fit demands it. These factors—contract timing, late-season form, and historical roster flexibility—underpin the 76% implied probability on “No.”