If I wait till it spins again for preseason game 1. The A.I. will cut 23 million in players salaries until the team gets under the cap. That means the best players get cut first flooding the waiver wire and leaving the team devoid of talent and with a hugh dead cap number next season. It would basically kill this francise for at least 2-3 seasons. Honestly I would prefer to wait it out but waiting means an inbalance in the league.
If I take over the team for 1 day. I can cut the players that should be cut, renegotiate contracts for stars and get the team under the cap while keeping its best players. I would then let the A.I. run the team until somebody comes along.
I will give him another 12 hours and then remove him and salvage the team for a future owner.