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MLB Trade Deadline Primer: Understanding Baseball’s Signing Hiatus Period

Published 03/31/2024, 8:50 AM EDT

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The MLB trade deadline is a period filled with fanaticism where championship contenders edge their efforts to bolster their rosters. As teams seek to either rebuild or strengthen their teams overall, they look to the future by trading veterans for younger talent. This year’s deadline promises to be no different. Expect nothing less than conjecture, surprise trades, and eleventh-hour signings!

Looking forward to this year’s deadline, one can already feel the excitement brewing. The usual pattern is that teams go on a buying spree from contenders. As a result of aggressively seeking to fill any holes in their pitching or offense. On the flip side, teams who might be a long way from the playoff picture could likely become sellers. But what about those game-changing blockbuster deals? It’s time to find out.

When is the MLB trade deadline: Know the date, time, and more

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The MLB trade deadline is an annual event that lightens a frenzy of activity throughout the league. It’s a period when clubs with aspirations to win the championship can bolster their rosters with big acquisitions. Not only does this come with conjecture but also, last-minute deals. Amid that one question remains – ‘Who will be traded next?’ The exact date varies slightly from year to year. But the MLB trade deadline primarily falls between late July and early August, with this year’s deadline expected to be July 30.

Last year (2023), the deadline landed on August 1st. This presented the teams with an extra two hours compared to the previous standard deadline. Understanding the date and time is extremely important for fans who wish to stay up-to-date. After all, it’s not just about trade rumors, but about breaking news. 

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Can teams sign players after the MLB trade deadline?

The MLB trade deadline might signal a shift in focus for many teams. However, a player’s movement doesn’t come to a halt after the passing of that date. On one hand, the ability to acquire players via trades becomes extremely limited. On the other, teams still possess the option of bolstering their rosters throughout the remainder of the season.

First off, players who haven’t been on a team’s 40-man roster or Major League Baseball IL at any point in the course of the present season can sign as free agents. This opens the door for prospects who have been under the radar; even veterans seeking a second chance to contribute can stand a chance to enter into a contending team.

Another factor comes into play here – the waiver wire becomes a hotbed of activity at the deadline. Teams can even keep players on waivers, primarily offering them up to other teams in return for a small fee. Now, if a player clears the waivers, he can then be signed by any team.  With that, the team can add further depth or gamble on a reclamation project without having to compromise on valuable assets through a trade.

So while the trade deadline can be considered the most dramatic period for player movement, the rest of the season too offers its unique brand of intrigue. Teams with championship aspirations can continue to venture into more avenues to up their roster game. As a result, the post-deadline period could be a fascinating time for those who take a keen interest in the strategic side of baseball.

How many teams have achieved their targets before the deadline: Look at some of the biggest trades so far

Teams across the league made their final pushes to bolster their rosters, with some undeniably achieving their pre-deadline goals. Back in 2023, the Los Angeles Dodgers, for example, had solidified their championship aspirations by acquiring star outfielder Luis Castillo. This happened in a blockbuster trade with the Cincinnati Reds. Among the many moves that the Dodgers made, this addressed a glaring need for pitching depth in their rotation. With that, they acquired a formidable starting five as they posed a high degree of competition.

It is important to note that not all teams generally succeed. The New York Mets who aim to solidify their grip on the division lead were linked to several top-tier starting pitchers throughout the trade season. However, nothing ultimately materialized, leaving their rotation depth a question mark. And now, they move ahead with the regular season. The upcoming weeks will reveal whether more teams make use of the opportunity before their championship hopes fade. 

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The prediction: What can happen before the July 30 MLB trade deadline

For 2024, the July 3o MLB trade deadline is rapidly approaching, and teams are strategizing. In this period, maneuvering to solidify their rosters for the playoff push is key. Teams with championship aspirations will likely be the most active players going on spending sprees. It’s foreseen that they’ll look for contenders with weaknesses in their pitching or offense to aggressively pursue impactful trades.

As a ripple effect, there could come a selling spree for rebuilders. Teams that are outside the playoff picture are likely to become sellers, looking to trade veterans for younger talent and prospects to build for the future. This could result in a flurry of deals involving established players looking for a chance to compete for a championship with another team.

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Read More: Who Can Land $500M Approaching Shohei Ohtani in the Trade Deadline? A Complete Overview

That said, how can we not talk about blockbuster deals? Though not as common, the trade deadline can also be a stage for franchise-altering moves. Flashback to 2020, when the Los Angeles Dodgers acquired superstar outfielder Mookie Betts from the Boston Red Sox in a blockbuster trade that drastically improved their championship odds This year, a similar blockbuster deal involving a superstar player wouldn’t be out of the question. One can expect a shake-up in the balance of power in the league. While the next few weeks will be a whirlwind of rumors and eleventh-hour negotiations, teams will make their final decisions, shaping the landscape of the MLB playoff race this season. 

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Written by:

Kanishka Prakash

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A pro MLB writer at EssentiallySports, Kanishka Prakash has two years of experience in content curation. Having multiple 'Editors Pick' under her name, Kanishka’s coverage focuses on the legendary Derek Jeter, Alex Rodriguez, and current superstars Shohei Ohtani and Bryce Harper. Not just that, she covers exclusives, her latest on a Chicago Cubs pitching coordinator, and also goes on to discuss trade agreements.
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Edited by:

Arunima Bhanot