For the record, as posted in USA Today:
New York Yankees $ 194,663,079
Boston Red Sox $ 120,099,824
Los Angeles Angels $ 103,472,000
Chicago White Sox $ 102,750,667
New York Mets $ 101,084,963
Los Angeles Dodgers $ 98,447,187
Chicago Cubs $ 94,424,499
Houston Astros $ 92,551,503
Atlanta Braves $ 90,156,876
San Francisco Giants $ 90,056,419
St. Louis Cardinals $ 88,891,371
A $75m advantage over the next highest team, who enjoys only a $17m advantage over the third highest team.
One thing that this doesn't capture is that once the Yanks sign the premier free agents, the rest of the teams bid up the remaining FAs...its supply and demand, and if you are not the biggest spender you're forced to overpay.
Torre should have WS rings on his toes by now.