Competitive Tournaments offer a different way to compete. Competitive Tournaments is a Ranked mode that pit you against teams of similar skill to earn rewards. Players can join every scheduled Tournament each week. There's no limit to how many Tournaments you may join.
Competitive Tournaments are 32-team, single-elimination brackets based on each team's skill. Teams play one match each round until the Semifinals and Finals, which are best of three. Teams that lose the first round (or show up after the Tournament start time) can join a Second Chance bracket for another try at victory.
Competitive Tournaments are 3v3 and support parties or solo players. In mixed-rank parties, the highest skilled player is considered the base. If two Gold II players team up with a Diamond I player, that team will be entered into a Diamond Tournament.
Tournaments rely on all teams finishing their games in a timely manner so matches have a hard endpoint. Matches cannot go over 11 total minutes. This includes time spent for kickoffs and replays. If the game is tied, the team with the most shots wins. If the number of shots is the same, then the winner will be decided by a coin flip.
For more info about Tournaments, check out: Competitive Tournaments in Rocket League.
For more info on Tournament Rewards, check out: What do I get for playing in a Competitive Tournament?
For more info on quitting Competitive Tournaments, check out: What happens if I quit a Competitive Tournament?