am i to understand that my previous team from MM3 is gone?

Hey @83nicko83

So that's just how MM has always worked - every year it resets, just like how madden on the console works. Except you don't have to go out and buy a new game, lol. It's a downer, but you will get to use that team in legacy events that pop up from time to time. Unless that's been removed - time will tell.