30 or so wins is not enough for the Commish to take those steps. Charley Finley went a step further than just losing. He sold some of his best players (Joe Rudi was one) to Boston for cash. That did it. The Commish at least reversed those trades.
There is another parallel in the NBA. Years ago, Cleveland was owned by Ted Sepian, who, for some reason was beholden to Jerry Buss, and Sepian gave away Number 1 Draft picks for some slug named Dan Ford. One of those turned into either James Worthy or Magic Johnson. Can't remember. The Commish stepped in and got rid of Sepian, but the trades stood.