So Hobbes is going to WWE and the Rascalz are going to AEW. This seems like one of those things that is the best move for all involved. TK doesn't seem to like to use big power guys as anything more than secondary muscle in a faction, so Hobbes probably hit his ceiling there, and obviously he's like a WWE wish list come to life. Toss in the rumors that Hunter wants to push more black guys to quell the one lingering critique of his booking, and this was the absolute perfect time to play the "bet on yourself" card.
The Rascalz clearly are a great fit for AEW and their house style, and they got lucky enough to get out of dodge just in time to not have a front row seat for an all timer LOLTNA moment. Apparently there's something going on with Trey Miguel since he suddenly deleted all mentions of AEW from his social media, but honestly I think Myron Reed is better anyway so if its just the other 3 then that's fine.