It's a reboot. In terms of 'canon', it's unrelated to the original MW trilogy. The characters exist but in an entirely universe/timeline. This is what a reboot is.

Luke the Ninja Theory Devil May Cry Reboot in 2013. Or like every superhero game, movie, comic ever. You play the current Spiderman and see how it's unrelated to other Spiderman games and media, albeit with the same characters ie Peter Parker, Aunt May, Mary Jane, Miles Morales, etc.