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Assuming the owner hasn't had any other issues with the league, I'd suggest taking away the extra money, but not expelling him. I can't imagine it's all that much money compared to team payrolls, so as a bit of a penalty you could split up that money equally between the rest of the teams in the league. Everyone else benefits from his mistake, whether it was intentional or not (although how it could have been an accident I don't know).
In addition, add a rule that specifies penalties for making unapproved changes to one's team/stadium/etc. If could be vague (e.g. up to the discretion of the Commissioner), but design it so that penalties are applied consistently so that there aren't any impressions of favoritism.
Chris
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