since you were in Winners and he was in Losers, ya'll both took an L, which made it his 2nd.
That was my original theory, but looking closely at the match that is not what happened. Normally in Tekken a double KO results in both players getting a win, so each player should have had three blue win icons.
That's what happens in this match, if you look closely before the camera fades.
At the instant of the Coli Grand Finals double KO at 0:53, only Premier had a win icon light up, rather than both players having a win icon light up. That is what does not make sense. I have never seen a double KO and only one person get the win. Really peculiar, but I have seen odder things happen in Tekken, like character's blocking while ki-charged, then attacking with a counter hit move.
I agree that tournament mode needs to be modified. I can understand Double KOs resulting in dual loss in player/quick/ranked matches, but for tournament battles, it should simply be a rematch. I'm also in favor of FT2 sets.
I imagine we still have more updates coming, the online mode is still worse than TTT2, I still see characters missing body parts in ranked/player matches, and lobby matches still terminate randomly at a far greater rate than TTT2, or even T5Dr online. Hopefully this will all be fixed before we get the Summer 2017 DLC pack.