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Better Revenue
These ideas may or may not increase revenue in the short run. Some of the suggested discounts may come at the expense of current teams. But I would expect that overall they would generate marginally greater revenue in the short-run versus contraction. But in the longer-run (next year) they would a) make the leagues more active b) improve weak teams, and c) leave more teams available for future owners. RT managers want deep leagues; we like having to find and use marginal players. The uncertaintly in RT is a closer match to MLB and RT managers like that "baseballness". 20-team leagues are far less appealing.
The reason given earlier for not allowing temp owners (baby-sitters) is that the database was not set-up for it -- that the teams would not show up as available to new owners. But would that be more difficult to fix than contracting leagues?
Contraction will detract from the game -- and it's permanent. A short-term solution that leads to a better game is preferred.