Team Shrinkage (wow)

I just looked and the number of teams in Division 1 is shrinking to 362! I can't believe I've seen this in my lifetime. As always, I'm curious as to what the total count will be in the upcoming version. In the past, when transferring leagues to the new version, you just get an added team to the fold, but it seems kinda lame to totally lose a team if you upgrade to the new version. Any ideas on what might be happening here? My suggestion would be to just leave the 363rd team as an independent, as West Georgia is set to join Division 1 in 2024.