The MLB trade deadline is this Friday at 3 PM CT, and we have already seen a number of trades by teams looking to get better before the playoffs. There have been two blockbuster trades in the last two days alone. On Sunday, the Cincinnati Reds traded star-pitcher Johnny Cueto to the Kansas City Royals for young pitcher Brandon Finnegan and two other pitching prospects, and late Monday night the Colorado Rockies traded star-shortstop Troy Tulowitzki and pitcher LaTroy Hawkins to the Toronto Blue Jays for shortstop Jose Reyes and three prospects.
It’s extremely common to see teams in playoff contention trade away some roster players and prospects to teams out of playoff contention for their best players. These teams hope these players give them a better shot of a deep playoff run.
If a players contract ends at the conclusion of the season, he is seen as a “rental” player. Teams should be careful and think about if they want to trade some of their young players and prospects for a “rental” player. There is a risk that the rental won’t perform above expectations and at the end of the season, he will leave and go to another team in free agency. Then they basically traded young, promising players for nothing. A prime example of this happened last year when the Oakland Athletics traded pitcher Dan Straily and top prospects Addison Russell and Billy McKinney to the Chicago Cubs for pitchers Jeff Samardzija and Jason Hammel. They also traded away star-slugger Yoenis Cespedes to the Boston Red Sox for pitcher Jon Lester and outfielder Johnny Gomes. These moves were expected to help the Athletics compete for the World Series. However, the Athletics stumbled down the stretch and lost in the American League Wild Card Game, ending their season early. The Athletics subsequently lost Hammel, Lester and Gomes in free agency and ended up trading away Samardzija because they couldn’t afford to keep him. This left the Athletics roster depleted and they are currently struggling through a disappointing season.
Even though there are many instances of teams having buyers remorse, there are also instances of trade deadline moves paying off. Just before the 2013 trade deadline, the Boston Red Sox gave up some prospects to acquire pitcher Jake Peavy from the Chicago White Sox. The Red Sox went on to win the World Series later that year, with Peavy playing a role in the championship. The “buyers” at this trade deadline are hoping their gambles end with a similar result.