I think the balance works out rather nicely if you do away with the subleagues and go with 4 regional divisions of 8 teams:
East- NYY, BOS, NYM, PHI, BAL, WSN, TOR, PIT
North- MIN, MIL, CHC, CWS, DET, CLE, CIN, STL
Central- ATL, NSH, MIA, TBR, HOU, TEX, KCR, COL
West- LAD, LAA, SFG, SDP, ARI, SEA, POR, LVA
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