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MLBTR Podcast: Sifting Through The Trade Deadline Deals

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Steve Adams and Anthony Franco of MLB Trade Rumors to go over the various deadline dealings, including…

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Photo courtesy of Chadd Cady, Imagn Images

MLB Mailbag: Schwarber, Braves, Story, Naylor, Tucker, Rockies

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This week's mailbag covers Kyle Schwarber's impending free agency, what the Braves should do in the offseason, whether Trevor Story could opt out, why MLB killed August waiver trades, how Josh Naylor will fare in free agency, the potentially weak 2026-27 free agent class, the chances the Dodgers sign Kyle Tucker, the Rockies' young bats, and more.

Fred asks:

I can't believe that John Middleton will let Kyle Schwarber play anywhere else but Philly next year, especially with the overall drop in the Phillies' non-Schwarber power output this year. Does a 4/125 extension keep him away from free agency?

Schwarber turns 33 in March.  He's mashing this year like never before.  Schwarber has already reached his first 4 WAR season, should fly past 5 WAR, and won't be far off 6 WAR.  His previous career-high was 3.3 last year.  The bar is very high for offense when you have no defensive value.

Regarding the term, only two DHs age 33 and up have achieved four years in free agency: Nelson Cruz and Victor Martinez within a month of each other in December 2014.  They were actually age 34 and 36, respectively, so I guess that's a (weak) case to actually go to five years on Schwarber.

To Fred's question, yes - four years at $31.25MM per year should definitely keep Schwarber away from free agency.  The Phillies have a $185MM CBT payroll for next year at the moment, given Schwarber, J.T. Realmuto, Ranger Suarez, Jordan Romano, and others coming off the books.  There would be room to give Schwarber a contract with a $30MM AAV, and it was Dave Dombrowski who did that ill-fated V-Mart deal with the Tigers.  But would this type of contract with Schwarber be a good idea?

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Braves Notes: Jimenez, Holmes, Sale

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Joe Jiménez has been out all season after undergoing left knee surgery last November. The Braves reliever is now nine months removed from a procedure that came with an 8-12 month timeline. Jiménez had been throwing but was shut back down after experiencing soreness in his knee, manager Brian Snitker said yesterday (relayed by Barrett Sallee of 680 The Fan).

It now seems there’s a good chance Jiménez won’t pitch at all this season. This is a lost year for Atlanta. There’s little incentive to push Jiménez through discomfort. The 30-year-old righty would surely love to get back on the mound so he can go into the offseason with some normalcy, but the Braves aren’t going to take any chances.

Jiménez had the best year of his career in 2024. He threw a personal-high 68 2/3 innings with a 2.62 ERA. He recorded a career-best 27 holds while striking out nearly 30% of batters faced. It was an excellent start to his three-year, $26MM free agent deal. The injury unfortunately robbed him of most (potentially all) of year two. He’s signed for $9MM next season.

Atlanta is likely to see Raisel Iglesias depart in free agency. They’ll exercise their $7MM club option to retain Pierce Johnson, barring a late-season injury. Aaron Bummer and Dylan Lee will also be back. The rest of the relief group is in question. Daysbel Hernández has a 2.25 ERA but has walked almost 20% of opponents. Atlanta acquired Tyler Kinley from Colorado last week. That suggests they’ll at least consider bringing him back on a $5MM team option, but he hasn’t managed particularly good numbers since 2022. The Braves will likely need two or three external bullpen pickups on top of a healthy return from Jiménez.

While the Braves haven’t officially ruled Jiménez out for the season, starter Grant Holmes is definitely done for the year. Atlanta almost immediately placed him on the 60-day injured list when he went down with an elbow injury before the trade deadline. The Braves later diagnosed the issue as a partially torn ulnar collateral ligament. That has the potential to be a precursor to surgery, but Holmes told reporters (including David O’Brien of The Athletic) that he’ll attempt to rehab without going under the knife.

“If I can avoid the knife as long as possible, that’s the route I want to take,” the 29-year-old righty said. “I haven’t had any surgeries yet, thankfully, and I’m trying to keep it that way.” Holmes added that he’ll be on a no-throw program for at least six weeks and expressed his hope that he could resume throwing simulated games in November. He pointed out that undergoing Tommy John or internal brace surgery now would almost certainly cost him the entire 2026 season regardless. Holmes therefore felt he didn’t have much to lose in trying a non-surgical approach and evaluating how his elbow feels in a few months. If it doesn’t progress as hoped, he could undergo surgery early in the offseason and still set a goal of coming back at the start of the ’27 campaign.

Before the injury, Holmes was a bright spot in Atlanta’s nightmare season. He turned in a 3.99 ERA while striking out a quarter of opponents across 22 appearances. Holmes had impressed last season as a rookie but worked more often in long relief. He showed this season that he can be a capable mid-rotation starter as long as he’s healthy. Holmes is one of five Atlanta starters dealing with a long-term injury. They already lost AJ Smith-Shawver to Tommy John surgery, and it’d be a surprise if Spencer Schwellenbach returns from a broken elbow this year. Reynaldo López has been out almost all year after undergoing arthroscopic shoulder surgery.

Chris Sale, out since mid-June with a ribcage fracture, is the only one of that quintet who seems very likely to make it back this season. Sale is set to throw a live batting practice session on Thursday (via the MLB.com injury tracker). He’s not far off a minor league rehab assignment and could return from the 60-day IL before the end of the month. That’d allow the reigning NL Cy Young winner to make five or six starts to close the season. It won’t mean anything in the standings, but it’d give the Braves some confidence entering an offseason in which they’ll face questions about everyone in the rotation aside from Spencer Strider. Atlanta will retain Sale on an $18MM club option for what’ll be his age-37 season.

Angels, Cavan Biggio Agree To Minor League Deal

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The Angels are in agreement with infielder Cavan Biggio on a minor league deal, according to the MLB.com transaction log. He’s been assigned to Triple-A Salt Lake. Biggio was released by the Royals last week.

Biggio broke camp with K.C. after signing an offseason minor league contract. He appeared in 37 games, hitting .174/.296/.246 with one home run in 83 trips to the plate. He had hit far better in Triple-A, slashing .285/.375/.464 over 41 contests. Biggio’s lack of production against big league pitching pushed him off the roster last week, as the Royals needed to open a 40-man spot to activate Hunter Harvey from the injured list.

The lefty-hitting Biggio has been a well below-average hitter in consecutive seasons. He combined for a .197/.314/.303 line across 225 plate appearances with three teams a year ago. Biggio continues to take a lot of walks, as he has throughout his career. His power production has plummeted since his first two seasons with the Blue Jays. Biggio’s extremely patient approach also comes with strikeouts, as he also takes a lot of pitches within the strike zone.

Biggio has more experience at second base than any other position. He only logged 10 1/3 innings there for Kansas City. The Royals used him most frequently in the corner outfield and at first base with occasional second and third base work. The Angels have Nolan Schanuel, Christian Moore and Luis Rengifo at the non-shortstop infield positions. They acquired Oswald Peraza as a defensive option off the bench, while Niko Kavadas is on the MLB roster as a lefty-swinging first baseman.

Marlins Outright Jack Winkler

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Marlins infielder Jack Winkler went unclaimed on waivers and was outrighted to Triple-A Jacksonville, according to the MLB.com transaction tracker. The 26-year-old neither has the service time nor the previous career outright to decline the assignment. He’ll remain with the team after being designated for assignment on Monday when the Fish claimed outfielder Joey Wiemer off waivers.

Winkler made a brief MLB debut earlier in the season. Acquired from the A’s in the minor league phase of last winter’s Rule 5 draft, he cracked the 40-man roster at the end of May. He spent around six weeks in the big leagues over two stints. Winkler didn’t get a ton of playing time as the final player on Clayton McCullough’s bench. He only started four of his 11 appearances and collected two hits and a stolen base in 12 at-bats.

A University of San Francisco product, Winkler has played parts of five minor league seasons. He’s in his first year at Triple-A and batting .241/.304/.379 over 194 plate appearances. Winkler has never hit much but provides versatility as a depth infielder. He’ll remain with Jacksonville in hopes of getting back onto the big league roster.

Padres Release Martín Maldonado, Outright Tyler Wade

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The Padres announced that catcher Martín Maldonado has been released and infielder/outfielder Tyler Wade has been sent outright to Triple-A El Paso. Both players were designated for assignment last week in the wake of the Friars making multiple additions ahead of the trade deadline.

Maldonado has carved out a big league career longer than a decade as a glove-first backstop. However, his previously-excellent glovework has declined as he has pushed into his late 30s. Given his poor offense, his value to a big league club has mostly been reduced to intangibles, such as his clubhouse presence and handling of a pitching staff.

The Padres needed help behind the plate coming into 2025 but had a tight budget. They signed a couple of veterans to cheap deals, adding Elias Díaz for $3.5MM and Maldonado on a minor league deal. Maldonado made the Opening Day roster to form the catching duo with Díaz, but those two have been rough this year. Maldonado hit .204/.245/.327 while Díaz slashed .201/.266/.304.

The Friars have clearly needed help behind the plate and addressed that need at the deadline by acquiring Freddy Fermin from the Royals, which pushed Maldonado off the roster. Maldonado has more than enough service time to reject an outright assignment and elect free agency. The Padres have skipped that formality and simply released him. He could perhaps come back on a minor league deal or find one with another organization. He also turns 39 years old in a few days, so it’s possible he considers retirement, though that’s entirely speculative.

Wade, 30, is a glove-first utility guy. He has hit just .206/.309/.252 this year and .216/.294/.284 in his career but can be a useful bench player since he can steal bases and provide defensive versatility. He has played every position on the diamond except for catcher and first base.

This is the second time he’s been outrighted by the Padres this year. The first came after he didn’t break camp with the club out of spring training. He could have elected free agency while retaining his $900K salary but decided to stick with the organization. He was selected back to the roster just over a week later and stuck on the roster until last week.

He now has the right to elect free agency again. Since he stuck with the Padres last time, he might do so again. On the other hand, the position player group is far stronger now. The Padres added Ryan O’Hearn, Ramón Laureano and Fermin ahead of the deadline. They also grabbed Will Wagner from the Blue Jays and have him on optional assignment, alongside Mason McCoy and Tirso Ornelas. Perhaps the path back to the big leagues has become too steep and Wade will elect free agency to look for opportunities elsewhere.

Photo courtesy of David Frerker, Imagn Images

Diamondbacks Select Casey Kelly, Transfer Kevin Ginkel To 60-Day IL

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The Diamondbacks announced today that right-hander Casey Kelly has been selected to the roster. Left-hander Kyle Nelson has been optioned to Triple-A Reno to open an active roster spot. In a corresponding 40-man move, righty Kevin Ginkel has been transferred to the 60-day IL.

Kelly, 35, signed a minor league deal with the Snakes back in March. He has been pitching for Triple-A Reno in a swing role since then, logging 85 innings over 14 starts and four relief appearances. He has a 5.82 earned run average with a 10.6% strikeout rate, 8.6% walk rate and 45.8% ground ball rate.

The Arizona bullpen got a workout last night. They played 11 innings against the Padres, eventually falling 10-5. Six different relievers made an appearance. They also traded Merrill Kelly ahead of the deadline last week, which led to Anthony DeSclafani moving from a long relief role into the rotation. DeSclafani only lasted two and a third innings last time out and is starting again tonight. Kelly could be tasked with absorbing some innings out of the bullpen behind DeSclafani, in order to spare the rest of the bullpen.

As for Ginkel, this move ends his season. He began the year on the injured list due to shoulder inflammation. He was activated off the IL at the end of April but landed back there on Monday due to a sprain of that shoulder. The 60-day count will push into early October.

He has some good seasons on his résumé but 2025 will go down as one of his worst. He posted a 7.36 ERA this year, perhaps with the shoulder troubles contributing to his struggles. He averaged 94.9 miles per hour on his fastball this year, more than a mile below last year’s 96 mph.

He is making $2.425MM this year and could be retained via arbitration for 2025. His poor results will prevent him from earning a notable raise but the Diamondbacks might consider a non-tender anyway, based on this year’s results. They will have to decide if they think there’s a path back to his pre-2025 results. From 2022 to 2024, he pitched 164 2/3 innings with a 2.95 ERA, 26.5% strikeout rate, 7.3% walk rate and 47.1% ground ball rate.

Photo courtesy of Philip G. Pavely, Imagn Images

Phillies Sign Jacob Waguespack To Minor League Deal

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The Phillies have signed right-hander Jacob Waguespack to a minor league deal, according to his transactions tracker at MLB.com. He has been assigned to Triple-A Lehigh Valley. The IronPigs’ roster lists Waguespack as on the injured list.

Waguespack was on the Rays’ 40-man roster as of a couple of weeks ago. He was designated for assignment when outfielder Jonny DeLuca was reinstated from the 60-day IL. Waguespack was on the minor league IL at the time. Injured players can’t be placed on outright waivers, so that gave the Rays little choice to but to release him, which allowed him to sign with the Phils.

It’s unclear what injury is ailing Waguespack. His last minor league game was on May 20th, over two months ago. Presumably, the Phils expect him to be healthy at some point before the end of the season.

Regardless, it’s a pretty low-risk signing for the Phillies. They’re not giving Waguespack a roster spot. Also, since the Rays released him, they remain on the hook for Waguespack’s $1.3MM salary this year. If the Phils call him up at any point, they would only have to pay him a prorated portion of the $760K league minimum salary. Whatever they pay would be subtracted from Tampa’s commitments.

Waguespack hasn’t had much major league success, with a 5.11 earned run average in 105 2/3 innings. However, he did have an encouraging performance in Japan a few years back. Pitching for the Orix Buffaloes in 2022 and 2023, he logged 116 1/3 innings with a 4.02 ERA and 29% strikeout rate.

That prompted the Rays to sign him as a depth arm ahead of 2024, though he’s largely been on optional assignment and/or injured since then. He tossed 10 innings in the majors last year and none so far in 2025. His minor league work since signing with the Rays has been good, with a 2.93 ERA, 30.5% strikeout rate and 5.2% walk rate in 43 innings.

Photo courtesy of Reinhold Matay, Imagn Images

Poll: Who Had The Best Deadline In The NL West?

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The trade deadline has come and gone. While trade season was slow to get started this year, when all was said and done, there were several dozen trades made in a flurry of movement over the final few days before the deadline arrived. The full impact of these trades won’t be known for years to come, but that doesn’t mean we can’t analyze the deals and decide whose haul looks the best right now. Over the next week-plus, MLBTR will be running a series of polls asking which club in each division had the best deadline. So far, the Phillies and Reds have each come out on top in their respective divisions. Today, we’ll be rounding out the National League with a review of the NL West. A look at each of the five clubs, listed from best to worst record in 2025:

Los Angeles Dodgers

The Dodgers are, predictably, one of the best teams in the National League this year. They aren’t quite as overwhelming as some expected them to be, however, and that left them with some work to do ahead of the stretch run. Despite the holes in the club’s roster, however, L.A.’s deadline was a surprisingly quiet one where they did as much selling as they did buying. Dustin May was shipped to Boston for a pair of prospects headlined by 2024 first-rounder James Tibbs, and they downgraded from Hunter Feduccia to Ben Rortvedt for the club’s third catcher in order to bring in rookie reliever Paul Gervase and A-ball prospect Adam Serwinowski.

In terms of buy-side moves, they swapped depth outfielder James Outman to the Twins in order to bring Brock Stewart back home to the Dodgers’ pen. They followed that up by replacing Outman on the depth chart with a right-handed complement to Michael Conforto in the form of Alex Call. L.A.’s moves were strong ones on paper. They gave up very little meaningful talent in order to make a couple of legitimate improvements to their bullpen and bench mix, and it’s easy to see them emerging as the clear winners of the two sell-side trades they did make. Still, this summer could wind up feeling like a missed opportunity for the Dodgers given the lack of impact talent acquired—especially if they wind up getting chased down in the NL West by their rival 100 miles to the south.

San Diego Padres

No front office executive in the league operates quite like Padres GM A.J. Preller, and that frenetic aggressiveness was on full display on the day of this year’s trade deadline. San Diego completed five trades in the final seven hours before the deadline. The first one was the biggest, as they swapped a massive package headlined by consensus top-5 prospect Leo De Vries to the Athletics in exchange for superstar closer Mason Miller and lefty starter JP Sears.

They didn’t stop there, however. Outfielder Brandon Lockridge was surrendered to land Nestor Cortes from the Brewers (alongside prospect Jorge Quintana), and Preller immediately replaced Lockridge in the outfield by picking up both Ramon Laureano and Ryan O’Hearn from the Orioles. The acquisitions of Sears and Cortes created enough starting pitching depth that the Friars could move Stephen Kolek and Ryan Bergert to add Freddy Fermin behind the plate, and for good measure San Diego rounded out its deadline by upgrading the infield with a controllable young talent in Will Wagner.

It was a massive flurry of moves that should substantially improve the Padres in the near-term, but the cost was heavy. Prospects of De Vries’ caliber rarely get moved for a reason. Even aside from the risk that they’ve traded the league’s next superstar, they also surrendered some important depth in Kolek and Bergert, not to mention a huge chunk of their 2024 draft class. Preller’s win-now aggression allowed his club to improve its odds of winning the World Series this year more than any other team. But was the cost too great?

San Francisco Giants

Despite a strong start to the season and the aggressive decision to swing a deal with the Red Sox for Rafael Devers back in June, the Giants have mostly fallen out of the postseason race and now have a 58-57 record. That led the club to pivot towards selling at the deadline, and they brought back an impressive haul of talent in doing so. A trade of pending free agent Tyler Rogers to the Mets brought back a trio of well-regarded talents nearing or already in the big leagues: Triple-A outfielder Drew Gilbert, rookie starter Blade Tidwell, and young MLB reliever Jose Butto. They also landed A-ball starter Yunior Marte for rental outfielder Mike Yastrzemski despite his down 2025 campaign.

Impressive as those deals were, the package they received for Camilo Doval was somewhat light. That deal was led by catching/infield prospect Jesus Rodriguez and Double-A starter Trystan Vrieling. The return for Rogers and Yastrzemski was phenomenal, as the Giants acquired their #12, #13, and #25 prospects (per MLB Pipeline) along with Butto for aging veterans on expiring contracts. Parting with Doval for two-plus seasons in exchange for a package headlined by the club’s #16 prospect, according to Pipeline, puts a bit of a damper on the club’s deadline, but it was still a strong infusion of talent to the upper levels of San Francisco’s minor league system and should result in better days for the Giants in the future.

Arizona Diamondbacks

The Diamondbacks teetered on the edge of buying and selling for most of July but kicked off trade season by dealing Josh Naylor to the Mariners and never looked back. The club executed four trades that brought back players in return and a fifth that saw them deal Shelby Miller to the Brewers in exchange for Milwaukee taking on a portion of Jordan Montgomery’s contract. Big league ready talent and pitching prospects were the focus for Arizona this summer, and they mostly accomplished that goal of bolstering those parts of the organization. Eugenio Suarez brought back a potential first baseman of the future in Tyler Locklear as well as rookie reliever Juan Burgos. Randal Grichuk and Naylor also both brought back rookie relief arms in Andrew Hoffmann and Brandyn Garcia, giving the club a number of big league ready relief arms who can help fill out the bullpen next year.

Between the trades of Suarez, Naylor, and Merrill Kelly, the Diamondbacks also picked up five pitching prospects who have yet to make their big league debut. Kohl Drake (#7 in Arizona’s system at MLB Pipeline) leads that group, which also includes Mitch Bratt (#10), David Hagaman (#14), Ashton Izzi (#15), and Hunter Cranton (#23). Locklear (#6) and Garcia (#20) also rank within the top 30, meaning that nearly a quarter of the club’s top 30 prospects were acquired at this deadline. As solid as those moves were, some view the return for Suarez as too light, and there’s reason to question why the team held onto Zac Gallen rather than bringing back additional prospects and salary relief by letting him go. Even without Gallen moving, however, the Diamondbacks breathed new life into their farm system and saved a considerable amount of money that can be repurposed for the 2026 campaign come the offseason.

Colorado Rockies

Perhaps the most notable thing about Colorado’s deadline this year is that they did anything at all, given their years of relative inaction and refusal to part with veteran talents. The club made just three trades this summer, but the deals they did make were notable ones. Ryan McMahon and Jake Bird were traded to the Yankees for lefty Griffin Herring (#5 in the Rockies’ system at MLB Pipeline), second baseman Roc Riggio (#11), righty Josh Grosz (#19), and lefty Ben Shields (#27).

Their third deal was a smaller one, as the club dealt struggling reliever Tyler Kinley to the Braves in exchange for Double-A reliever Austin Smith. It wasn’t the flashiest deadline for Colorado, but the return in exchange for McMahon was strong and the activity should help prop up one of the weakest farm systems in the majors as the Rockies toil through the worst season in franchise history.

With the exception of the Dodgers, the NL West was busier than usual this summer. San Diego did enough buying for the entire division, while the Giants, Diamondbacks, and Rockies each made some savvy sell-side moves. L.A. stands out from the crowd for their quiet approach to the deadline as they did some light buying to address areas of need and also managed to sneak in some light selling to take advantage of areas of depth. Which team did the best of this quintet? Have your say in the poll below:

Nationals Recall Cade Cavalli

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August 6: The Nats made it official today, announcing that they’ve recalled Cavalli and optioned Lara.

August 5: The Nationals are recalling Cade Cavalli from Triple-A Rochester to start tomorrow’s game against the A’s, interim manager Miguel Cairo told reporters (relayed by Mark Zuckerman of MASNsports.com). While the team has not officially announced the move, they did option Andry Lara to open the necessary active roster spot.

Cavalli, a 2020 first-round pick who was once one of the top pitching prospects in the sport, will step on a major league mound for the first time in almost three years. The Nats called him up in August 2022. Cavalli gave up seven runs in 4 1/3 innings against the Reds during his MLB debut. (For perspective on how long it has been, Mike Minor started that game for Cincinnati, while Steve Cishek and Jake McGee came out of the Washington bullpen.) Cavalli came out of that start with shoulder discomfort that ended his season. His elbow blew out the following spring, and he underwent Tommy John surgery.

The road back wasn’t smooth. Cavalli obviously missed the entire ’23 campaign. He made a few attempts to rehab the following season but encountered setbacks and spent that whole year on the injured list as well. Cavalli remained on the IL to open this year and wasn’t officially activated until May 11. The Nats optioned him to Rochester, where they’d be able to more effectively limit his innings after two and a half lost seasons.

Cavalli has made 15 Triple-A starts. He’s averaging 4 1/3 innings per appearance and has only twice completed six frames. Cavalli dominated minor league competition early on but has hit a rough patch. He’s allowed four or more runs in five of his past six starts. That leaves him with an unimpressive 6.09 earned run average on the season. Cavalli’s 25% strikeout rate and near-55% ground-ball percentage are more encouraging. His velocity has also returned to pre-injury levels. He’s averaging nearly 96 MPH on his four-seam fastball and sinker while sitting around 84 with his power curveball.

Now 26, Cavalli was once viewed as a potential mid-rotation starter. He still has that kind of raw stuff, but his command has always been a work in progress. He lost nearly three seasons of development time and faces questions about what kind of workload he’s capable of handling. There’s a chance his long-term future is in the bullpen, but the Nats remain in a rebuild and have little reason to give up on him as a starter right now.

This was Cavalli’s first option season. He has accrued more than two years of service time. The only silver lining from his perspective is that the initial injury occurred after he’d been called up, so he picked up MLB service and was paid a major league salary until he was officially activated from the IL in mid-May. He won’t reach the three-year threshold this season because of the time spent on optional assignment. The Nats control him for another four years.

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