I AM LIVID!

I feel your pain, @Lord_Scorpion34 , and I've been unhappy about this among many changes to ranked.

But it might not be as bad as you believe.  Mostly, it makes the road to Platinum even more onerous.  You'll probably recover to Gold, but it's a much different story getting through gold because the -RP for entry escalates very quickly.  But obviously you'll still be ranked Gold for the season as that was your high point and (I think) when you split, you shouldn't be down so much.

Forgetting the penalty for a moment, the math on Gold entry is that you have to place top 5 with no kills from your team or you lose RP.  Kills can change the math on that but you still really need to be top 10 with a few kills for your match to be worth it.  Considering you are supposed to be playing with and against people of your 'same skill level', if you get an unlucky streak, this can wreck you down to silver.  Presuming you then have higher skill than silver...Respawn believes you'll be back in Gold.

In Reality HOWEVER, you often will get scrub team mates, an unlucky drop or 3rd party, and in the amount of games you play, you're going to hit long bad streaks.  The art, to me, is to reduce RP loss when this happens and...very sadly probably if you are a team player, abandoning your team.  But this isn't personal.  I've seen my own team mates who are good, do it.  If you have 2 mates down, you are the sole survivor, and they are swarmed by a full team or even a duo who took them down, you are best off leaving, not even going for their boxes no matter how much they ping you, and 'ratting' until the end.  You have to really control the loss on the bad games as much as you can so when you do hit that one great game, and you bank 100-200+ RP, it pays back way further than you lost.

It's not perfect.  Messing around, I recently had a -34 RP game, followed by two -8 RP games each.  But I've got a cushion now in Gold because prior to that was something like a +173 RP win.  If I had tried to save my mates in the last 2 games, however, since they were dead with 17 ish other teams still going, I would have suffered another two -34 RP games.  -50 RP is way better than -102.