In 2004, the numbers looked like this:
$183M Yanks
$125M BOS
8 teams $81M to $101M (LAA, NYM, PHI, CC, LAD, ATL, SF, SEA)
5 teams $65M to $75M (STL, HOU, AZ, CWS, COL)
6 teams $50M to $60M (OAK, TX, SD, MN, BAL, TOR)
5 teams $40M to $47M (KCR, DET, MON, CIN, FL)
4 teams $28M to 36M (CLE, PIT, TBR, MIL)
The bottom 4 teams combined didn't outspend #1, then, either.