Per the TWAB "Previously, you would earn this armor by leveling your Season Rank and unlocking new pieces on the Seasonal Track. Moving forward, Seasonal Armor will be earned from Seasonal activities. You'll also be able to guarantee pieces from these sets using Focused Umbral Engrams."
Consistently the highest armor stats outside of really rare exotics came from season pass armor. Now that it's only going to be dropping in the wild get ready for lots of 48 gear that if you like the look of is useless but conveniently you can Transmog it. I see what you did there Bungie.
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#destiny2
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Uh...dude? It's still Seasonal Armor. All they changed is the method for getting it. Would an Exotic suddenly be a Legendary if you got it from a Public Event? No. Season Pass armor isn't changing. Just the place you get it, that's all. I swear, you people LOVE to make up narratives in your head and pretend they're what happened.