The entry fee for this team is paid up. I'm thinking of having an owner in the other league I commish run the team for the remainder of the year and possibly offering him a percentage of any winnings for his trouble. This other owner is a three time champion and would run the team well.
I have two other owners who I bounce ideas off of, rather than the entire league, and one idea being thrown out is to just have the team forfeit the rest of the games for the year. This would drop the team to 6-8 and eliminate its playoff potential and any earnings, but this also gives a free win to his next four opponents, three of which are division games.
Our rules have a section governing abandoned teams, but I consider a team to be abandoned when the owner quits. That is not the case here. Our rules also state that anything not covered in the rules is up to the Commisioner pending league approval (simple majority)