by Kenneth » 15 Aug 2013, 15:10
Sorry. That's not what I meant by deleting the versions one by one. When you delete anything from TeamDrive it goes into that Space's trash. So it's actually still there until you empty the trash. You just don't see it in the file system. Only admins can empty the trash. To delete versions you need to click on the version in TeamDrive. At the bottom of the screen you will see a version tree with a list of versions. You can right-click on those versions and delete them one by one. If you have a free license you may not see the version tree because the banner may be in the way. You'd just need to stretch the TeamDrive window so you can see it.
To you second solution: Yes you could do that or just manage the one by one deletion of versions yourself. The Space has to allow at least one version to be kept. Otherwise you can't store any files in it.