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The Ms are a better team at this second.
You can use your own estimate using WAR or OPS+/ERA+ if you'd like, but as currently set up I have the Ms as roughly 4 Wins better than the Angels and about 2 Ws better than the Rangers, and Z isn't done yet. 
I'm sure the rest of the division isn't finished with their offseasons either, but there is some serious ground that that needs to be made up. Cliff Lee and Chone Figgins alone are a 9-10 W swing in the standings. Then you have the Milton Bradley and Brandon League acquistions which I figure for 3-4 Ws (that could swing in either direction dramatically with Bradley though).
The Ms started the offseason with a core that was worth about 76-79 Wins (considering departing FAs), now they are conservatively at about 88-91 Ws and they're still going to get better.