"all finals would be decided in the break and no one would pay to enter the final".
How do you know that?, I think you could not be more wrong.
Winning your way to a final and playing on to EARN the award is what it's all about. "finals ...
This makes a lot of sense to me. In the actual event some of the players decided to entered the pairs event paying another c$26 on top of the c$52 they already coughed up for measly team masterpoint award.
In 1st and 2nd seat my agreement is: Typically a 6 card suit with at least HH, no outside major, no other 5 card suit, no void, but the basic agreement is soft. Other factors such as suit quality, vulnerability and overall playing strength influence the decision at the table.