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The 2023 MLB playoffs are here with the wild-card round beginning Tuesday at 3 p.m. ET. The American League best-of-three series will feature the Texas Rangers and Tampa Bay Rays, with the winner facing the Baltimore Orioles, and the Toronto Blue Jays and Minnesota Twins playing for the right to square off with the defending champion Houston Astros in the division series. In the National League, the winner of the Arizona Diamondbacks and Milwaukee Brewers series will play the Los Angeles Dodgers, while the Atlanta Braves await the winner of the showdown between the Philadelphia Phillies and the Miami Marlins.

Are chalk plays the right move this October?

The past three World Series champions, the Atlanta Braves (+275, 2021 winner), Los Angeles Dodgers (+475, 2020 winner) and Houston Astros (+500, 2022 winner), are the top three in terms of title odds this October. They’re closely followed by the American League’s winningest team, the Baltimore Orioles (+650).

That said, each enters the postseason facing questions that might not have been present a few short weeks ago.

The Braves, considered the prohibitive favorites, have two key rotation members in Max Fried and Charlie Morton currently on the injured list.

The Dodgers, playing in their 11th straight October and winners of 10 division titles in that time, have a rotation fronted by 35-year-old Clayton Kershaw and with only one other active pitcher (Bobby Miller) who has made more than 12 starts for them.

The Astros squeaked into an AL West title on the regular season’s final day, but otherwise were a .500 team over the season’s final seven weeks.

The Orioles, meanwhile, learned on Saturday that closer Felix Bautista, a key cog in one of the game’s best bullpens, requires Tommy John surgery and will not be back to compete this postseason.

Short series, especially in the postseason’s early stages, can breed Cinderella stories. We saw it just last year with the Phillies’ charge into the World Series, and they might be a popular pick to do it again in 2023 (+1400 odds). The Brewers, behind their rotational top three (Corbin Burnes, Brandon Woodruff and Freddy Peralta), might move the needle for bettors (+1800).

Who do our analysts pick to go all the way this October? Tristan H. Cockcroft, Eric Karabell,Todd Zola and Tyler Fulghum share their picks.

Picks represent the analyst’s comfort with betting on the specified odds and does not imply bets they would make if odds weren’t considered. Odds courtesy of Caesars Sportsbook.

Wild-card round (best of 3)

Toronto Blue Jays (-114) vs. Minnesota Twins -105
Texas Rangers (+152) vs. Tampa Bay Rays (-180)
Arizona Diamondbacks (+160) vs. Milwaukee Brewers (-190)
Miami Marlins (+170) vs. Philadelphia Phillies (-200)

Cockcroft: Blue Jays (-114) and Rangers (+152): The Blue Jays might’ve opened as underdogs and transformed into slight favorites, but I still see value in them, with Kevin Gausman lined up to open that series and pretty good two-three men in Jose Berrios and Chris Bassitt behind him. Additionally, the Blue Jays’ offense seems much more potent to me than its stat-sheet results indicated this year. Sure, the Twins have a solid one-two-three of their own in Pablo Lopez, Joe Ryan and Sonny Gray, but they also have a putrid October track record, and one that I think might again haunt them. The Twins have lost 15 consecutive postseason games — I do think that streak ends — and nine consecutive postseason series — I don’t think that gets snapped. Honorable mention goes to the Rangers, as the AL’s underdogs stand further out.

Karabell: Phillies (-200) and Brewers (-190) in the NL. Perhaps the odds are not so great, but I like the Phillies and Brewers to advance in the National League, and perhaps mirror what happened in the NL last season when the wild-card entrants knocked off teams with more wins to advance to the NL Championship Series. I will say that the odds on the Marlins are quite a bargain. They send lefties to the mound the first two games in Philly, and they could make things difficult for the home team, quickly.

Blue Jays (-114) in the AL: I want to pick the Twins because, let’s face it, the current players have nothing to do with the fact this franchise last won a playoff game when Eisenhower was president. (OK, it was 2004. Stop it.) The problem is several key hitters are injured (Byron Buxton, Royce Lewis, Carlos Correa), and even if they play this week, they might not be at full health. I take the Blue Jays, even though the odds aren’t so great for a road team, and the Rays in the AL.

Zola: Rays (-180) and Blue Jays (-114): The Rangers certainly played their way in with a strong September, but their first-half offense lived off an unsustainably high batting average with runners in scoring position. I’m also concerned injuries have stripped their rotation of ample quality arms and the bullpen is suspect. The Rays have as many injuries, but they have better bandages and are a team with a style to win in the playoffs. I was really hoping the Twins would be bigger underdogs as I think they could have pulled off the upset, but with the Blue Jays being the slight favorite, the odds flip in their favor. Toronto hasn’t played to its full capability all season, and there is no reason to think it’ll start now … well other than “on paper.” I’ll back “on paper.”

Fulghum: Blue Jays (-114) and Phillies (-200). Both of these picks in the Wild Card round come down to decided pitching advantages. For Toronto, Kevin Gausman is a true shut down ace with a dominant 31.1 K% this season. Minnesota’s lineup is not only not healthy, but also likes to swing and miss. If the Toronto bats live up to expectation based on name (looking at you George Springer and Vladimir Guerrero Jr.), then they should be able to take this series.

Philadelphia was one of the hottest teams in baseball the second half of the season mainly due to their offense finally starting to click. With Zack Wheeler and Aaron Nola providing two starts in this series, I like the Phillies chances of advancing to the NLDS.

World Series matchup predictions

American League champion: Houston (+200), Baltimore (+280), Tampa Bay (+500), Texas (+700), Minnesota (+800), Toronto (+800)
National League champion: Atlanta (+115), Los Angeles (+225), Philadelphia (+675), Milwaukee (+900), Arizona (+1800), Miami (+1800)

Cockcroft: Philadelphia Phillies (+675) and Toronto Blue Jays (+800): The Phillies, Milwaukee Brewers (+950) and Blue Jays have appealing odds in a postseason that could be more of a toss-up than people think. I’ll take the Phillies, less of a “dark horse” this year than last but with a stronger roster this year than last, and the Blue Jays, for those odds. It’s a 1993 rematch, 30 years later! Joe Carter would be proud. (And Eric would not, of my making the reference.)

Karabell: Philadelphia Phillies (+675) and Tampa Bay Rays (+500): Shockingly, I happen to agree the Phillies have a shot to do what they did a season ago, because they have a solid one-two rotation punch and what looks like the better bullpen than Atlanta. Yes, the Braves hit home runs. They score runs. Ronald Acuna Jr. is awesome. Bryce Harper is pretty good, too. Not surprisingly, I like Philadelphia’s odds to represent the NL again. In the AL, I like the Rays. Tampa Bay is a deep team with plenty of its own power and a strong, matchup bullpen. How about a 2008 WS rematch?

Zola: Milwaukee Brewers (+900) and Toronto Blue Jays (+800): Most like to refer to the Brewers’ “Big Two.” Freddy Peralta begs to differ. Milwaukee’s front three can hang with anyone. Sure the Brewers’ hitting is pedestrian, but they have enough to score ample runs in playoff baseball, and the bullpen can get the job done. As mentioned previously, the Toronto roster has all the necessary parts; they just need to come together at the right time.

World Series winner

Brave (+275), Dodgers (+475), Astros (+500), Orioles (+650), Rays (+1200), Phillies (+1400), Rangers (+1600), Brewers (+1800), Blue Jays (+1800), Twins (+2000), Diamondbacks (+3000), Marlins (+3300)

Cockcroft: Phillies (+1400): I picked the Braves to win on our baseball pages, but I really like the Phillies’ World Series odds — even more so than I do as simply National League champions. Many of the traits that took this team deep into October last year remain, and the aforementioned flaws that have cropped up for many of the popular contenders — this year’s Dodgers and Astros, for example, are not their 2022 models — make speculating on a midtier World Series pick (including the Rangers, Brewers or Blue Jays) potentially lucrative.

Karabell: The Phillies and Rays (+1200) stand out as bargains with their odds, as do the Brewers (+1800) and Blue Jays (+1800). Really, a wild-card team can win this World Series. Even the top teams are flawed in some way.

Fulghum: I get the appeal of the Phillies at +1400 based on what they did last postseason and how they closed out the final couple months this regular season, but now that the Astros were able to fall into a wild card bye and added Justin Verlander at the deadline, it seems like they’re primed for another deep run. If I was only making one bet in this market, I think it would be Houston at +500.

Zola: To be consistent, this should be one of the teams backed to make the World Series. If my narrative is the Blue Jays (+1800) come together in the postseason, they should be who I back to win the whole thing.

World Series MVP

Cockcroft: Michael Harris II (+3300). Here’s where you can get some good value on one of the Braves, my straight-up pick to win it all. Harris was a second-half dynamo, with .325/.356/.522 numbers in 71 games, earning himself higher lineup placement than his previous bottom-of-the-order position in the process. He’ll need to shake the memory of what was a forgettable 2022 division series showing (1-for-14, no extra-base hits, two strikeouts). Spencer Strider (+2200), the probable October staff ace, deserves an honorable mention.

Karabell: Well, if I’m going to stubbornly go with the Phillies, then the odds on 1B Bryce Harper (+5000) and SP Zack Wheeler (+7500) seem fitting. Harper had a great October last season, and Wheeler was hardly pleased when he was removed in the sixth inning of Game 6 with a lead, which turned into his loss. Revenge!

Zola: It appears my betting lean is on the Blue Jays, so let’s go all-in and back Bo Bichette at (+5000) for the World Series MVP. He does things with some flair and plays shortstop, which can help in a subjective vote, and that gives him the edge over Vladimir Guerrero Jr. (+7500).

Fulghum: Since I like the Astros, Jose Altuve, Yordan Alvarez and Kyle Tucker make a lot of sense at +1000, but Alex Bregman is sitting there at +3300. Don’t pass that up if you believe this team is capable of winning it all. Last year, Bregman slashed .294/.379/.568 in 13 postseason games. If he can replicate those numbers, he’ll be in the mix. He’s already got two rings and an All-Star Game MVP trophy at home so we know he’s capable of rising to the occasion.

Other appealing bets

Cockcroft: Devin Williams as postseason saves leader (+1000). The Brewers are sure to be a popular underdog choice this postseason, thanks to their aforementioned rotational top three, but what also makes them compelling on the pitching side is their closer, Williams. As the playoff team that averaged the second-fewest runs per game on offense but with the best ERA, the Brewers will need to win many close games to advance to the title. Williams could play a Mariano Rivera-in-his-heyday critical postseason role for the 2023 Brewers.

Karabell: I do not think the Phillies sweep the Marlins. In fact, with excellent LHP Jesus Luzardo on the mound, Miami’s Game 1 odds (+143) are sweet.

Zola: championship-winning league: National (-130): Yes, I know the Blue Jays are in the American League, but those calls were based on the respective team odds. In an either/or, American vs. National when the odds are relatively close, I’ll support the league with the stronger overall field, and that’s the Senior Circuit.

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Stanley Cup playoffs daily: Critical Game 4s for Capitals, Knights

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Stanley Cup playoffs daily: Critical Game 4s for Capitals, Knights

The Washington Capitals and Vegas Golden Knights are at the same crossroads, facing 2-1 deficits ahead of road playoff games Monday.

First up on the schedule is Capitals-Carolina Hurricanes (7 p.m. ET, TNT), followed by Golden Knights-Edmonton Oilers (9:30 p.m. ET, TNT).

Read on for game previews with statistical insights from ESPN Research, a recap of what went down in Sunday’s games and the Three Stars of Sunday from Arda Öcal.

Matchup notes

Washington Capitals at Carolina Hurricanes
Game 4 | 7 p.m. ET | TNT

With a 2-1 series lead, the Canes are now -650 favorites to win this series, while the Capitals are +425. Carolina has also jumped to second in the Stanley Cup futures table, at +350, while the Capitals are now +2500.

This is the second straight series in which the Canes led 2-1 (they beat the Devils in five games in Round 1). Carolina/Hartford is 9-4 all time in best-of-seven series when leading 2-1.

Game 3 was the Canes’ first playoff shutout win since Game 2 of the 2022 second round against the Rangers. It was the Caps’ first shutout loss since Game 5 of the 2020 first round against the Islanders.

Frederik Andersen‘s shutout was the fourth of his playoff career, but his first postseason clean sheet as a Hurricane. He joins Cam Talbot as the only active goalies with a playoff shutout for three different franchises.

Andrei Svechnikov now has six goals this postseason, which is the 17th instance of a Hurricanes/Whalers player scoring six or more goals in a single postseason.

The four goals allowed by Logan Thompson in Game 3 were more than his combined goals against in Games 1 and 2, and the most since Game 3 of the first round against Montreal (five).

Vegas Golden Knights at Edmonton Oilers
Game 4 | 9:30 p.m. ET | TNT

The Oilers’ and Knights’ series odds contracted after Vegas’ Game 3 win. Edmonton is now -250 to win, whereas Vegas is +200 to do so. The Oilers have the third-shortest Cup futures odds at +360, while the Knights are third longest at +1000.

Vegas’ Reilly Smith was credited with the winning goal in Game 3 with 0.4 seconds left on the clock after the puck angled in off Leon Draisaitl‘s stick. It goes in the record books as being scored with one second left in the third period — tied for the latest go-ahead goal in regulation in Stanley Cup playoff history with Colorado’s Nazem Kadri in 2020 and Carolina’s Jussi Jokinen in 2009.

Jack Eichel enters Game 4 riding an active six-game assist streak, which is tied for the Golden Knights’ postseason record. Mark Stone (2023) and Smith (2018) also accomplished the feat.

Connor McDavid now has 40 career playoff goals; he’s the seventh Oilers player to reach that benchmark.

Edmonton’s Corey Perry scored two goals in the first period of Game 3, becoming the third-oldest player in Stanley Cup playoff history with a multigoal period; at 39 years, 359 days old, he is behind Nicklas Lidstrom (41) and Teemu Selanne (40) at the time they had a multigoal period in a playoff game.


Öcal’s Three Stars from Sunday

The reigning Stanley Cup champions played their best game of the postseason. They limited the Maple Leafs to 22 shots on goal, owned the neutral zone, and peppered Toronto’s Joseph Woll with 37 shots en route to a 2-0 win. (Small shoutout to Woll, who played great — this game could’ve easily been 8-0.)

With a goal and two assists in Game 3, Rantanen became the first player in Stanley Cup playoffs history with five three-point games through a team’s first 10 contests. His first of those games was in Game 5 of the first round.

Bobrovsky didn’t have the busiest night of his playoff career, but he stopped all 22 shots on goal, his fifth career postseason clean sheet.


Sunday’s recaps

Dallas Stars 5, Winnipeg Jets 2
DAL leads 2-1 | Game 4 Tuesday

The Stars returned home having earned home-ice advantage in the series with a split of the first two games in Winnipeg, and from the start of this one, they looked like they did not want to give it back. Dallas’ Roope Hintz scored 2:27 in on a power play, and while Kyle Connor answered midway through the first, Thomas Harley responded thereafter, giving Dallas a 2-1 edge after the first. Nino Niederreiter scored his fourth goal of the playoffs to knot the game at two, but then the third period was all Stars. Alexander Petrovic and Mikko Rantanen scored within 50 seconds of each other, and Wyatt Johnston put the exclamation point on the contest with a goal at 14:06. Full recap.

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Tempers flare late after Max Domi’s big hit on Aleksander Barkov

Panthers captain Aleksander Barkov is shaken up after taking a hit from Max Domi late in the game.

Florida Panthers 2, Toronto Maple Leafs 0
Series tied 2-2 | Game 5 Wednesday

It’s down to a best-of-three for the Atlantic Division crown. Carter Verhaeghe kicked off the scoring for the Panthers at 15:45 of the first, and the 1-0 score would persist until 12:09 of the third, when Sam Bennett added his fifth of the postseason to make it 2-0. That was more than enough for Sergei Bobrovsky, who saved all 23 shots the Maple Leafs sent on goal. Joseph Woll was no slouch in the Leafs’ cage, either, saving 35 of 37. Tempers flared late in the game after Toronto’s Max Domi boarded Panthers captain Aleksander Barkov and a small melee ensued. Will that carry over into Game 5? Full recap.

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0:34

Wyatt Johnston pokes in Stars’ 3rd goal of 3rd period

Wyatt Johnston taps in a goal for the Stars to pad their lead in the third period vs. the Jets.

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‘Understanding what it takes to win’: How Jack Eichel became a complete, 200-foot player

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'Understanding what it takes to win': How Jack Eichel became a complete, 200-foot player

LAS VEGAS — Jack Eichel is everything everywhere all at once for the Vegas Golden Knights.

You’re going to see Eichel start games. You’re going to see him score goals. You’re going to see his work lead to goals for his teammates. You’re going to see him score on the power play. Chances are — and not as in Chance, the Golden Knights’ mascot — you already knew that.

But what you might not realize? You’re also going to see him winning defensive zone faceoffs while playing a big role on the penalty kill. You’re going to see him among the special group that Golden Knights coach Bruce Cassidy trusts to either get the lead or defend the lead in the final two minutes.

Eichel’s status as a top-line center made him the centerpiece of possibly the biggest trade in the history of a franchise that has embodied the winning-at-all-costs philosophy. But Eichel’s focus was on something more: becoming a complete center who can be sent out on the ice in any situation.

Getting there involved earning Cassidy’s trust — which meant arriving at a certain realization about his game.

“When I got here, we had Chandler Stephenson, who is a really good-way center. You have William Karlsson, who is a really good two-way center,” Eichel said. “I looked around and said, ‘If I want to get the ice time and be trusted in these situations, I have to earn the trust of the coach and become more detailed and responsible defensively.'”

For all the different moves that Golden Knights general manager Kelly McCrimmon has made to tweak his roster, there are constants. One of them is having a stack of two-way centers on all four lines, to the point that one of them might be moved to the wing because the Golden Knights have that much depth.

Not that Eichel couldn’t be used in defensive situations earlier in his career. It’s just that the No. 2 pick of the 2015 NHL draft was always known more for what he did in the offensive zone, going back to his time at Boston University, where he won the Hobey Baker Award in his lone season, and in six seasons with the Buffalo Sabres.

“I [penalty] killed a little bit when I was in Buffalo, and sometimes when you have a team that’s not winning, you can be honed as a poor defensive forward or a defensive liability,” Eichel said. “I also think just part of it is maturity. It’s understanding what it takes to win, and coming here and having the opportunity to play in this system with this organization, and then allowing me to grow my game, and then having the opportunity to do that.”


THERE WERE A NUMBER of terms that were associated with Eichel when he was a draft prospect in 2015: Future captain. Future All-Star. Future franchise savior.

Being the strongest penalty killer, however, wasn’t one of them.

Eichel acknowledges he was on the penalty kill with the Sabres. It was enough to make him a contributor, but he never was the center anchoring a short-handed unit. The most short-handed minutes he received in a single season was 53:13 in his third season in Buffalo, according to Natural Stat Trick.

“It’s about the details, but I think a lot of young players when they come into the league are a bit raw,” Eichel explained. “They’re still used to having the puck on their stick for so much time during the game and they rely on their offense. You have to find out ways to round your game off and become a more complete player.”

Getting traded to Vegas in November 2021 was a significant shift. It took Eichel from a franchise that struggled to win — despite finding lots of talented players — to an organization for which “failure” was finishing that 2021-22 season with 94 points and missing the postseason by a single point — after reaching the playoffs in four consecutive campaigns.

That playoff miss prompted the Golden Knights to move on from coach Peter DeBoer and hire Cassidy, who had just been let go by the Boston Bruins. In Cassidy, the Golden Knights got an experienced coach whose defensive philosophies were at the core of why the Bruins reached the playoffs in six straight seasons.

“It did take time,” Karlsson said about learning Cassidy’s system. “We weren’t used to it. But once we learn it, you react with your instincts. You don’t have to think about it anymore because it’s a really good system. He usually has the center in a really good position, but also a really good position to transition into the offensive zone. But there are a lot of defensive details.”

Eichel made an impact in his first full season with Vegas in 2022-23. He led the Golden Knights with 66 points, and his 27 goals were second on the team. Eichel also led the club with 223 shots on goal, while scoring 14 power-play points.

The way McCrimmon constructed the Golden Knights meant that for Eichel to attain more ice time in those crucial situations, he needed to find room in a crowded landscape. The Knights had Karlsson and Stephenson. And they also had Ivan Barbashev, Brett Howden, Nicolas Roy, Reilly Smith and Mark Stone as part of the forward core. All of them logged more short-handed minutes than Eichel when they won the Stanley Cup in 2023.

Still, Eichel would be second on the team in 5-on-5 minutes during the playoffs behind Jonathan Marchessault, while finishing with six goals and 26 points in 22 games.

How did Eichel go about letting Cassidy know that he could be trusted in those situations? It wasn’t through anything he said. It was about using every practice and every game to prove he was ready to handle those demands.

“If I’m put in a situation and I don’t produce a result that is positive for the group? Then, I’m not going to have opportunities,” Eichel said. “It’s about gaining trust through good play, working with the coaches on the structure, what they are looking for and then being able to go out and execute it. I think that’s been a big, big thing.”

Even if he wasn’t heavily used on the penalty kill with the Sabres, Eichel was still playing a lot. He averaged more than 19 minutes per game in every season in Buffalo, and had four straight seasons of more than 20 minutes per contest.

In his first season with Cassidy in 2022-23, Eichel averaged a career-low 18:46 of ice time per game in the regular season, and logged 18:59 per game in the playoffs en route to the Cup.

The investment Eichel made in becoming a more responsible player paved the way for his increased minutes in the seasons that followed. There was also an opportunity for someone to take those short-handed minutes, because Smith was traded to the Pittsburgh Penguins following the Cup win in 2023.

Eichel would finish 2023-24 with a career-high 20:31 in ice time per game in 2023-24, and 123:48 in short-handed ice time, which was second among all Vegas centers behind Karlsson. He was also second in total power-play ice time, and seventh in total 5-on-5 ice time on the team — mainly due to missing 19 games.

“We’ve always had good centers. I think we definitely took a crazy step forward when we added Jack,” said Stone, a two-time Selke Trophy finalist as the game’s best two-way forward. “You go from having three guys to four guys, maybe five guys, even. Last year, he kind of took over and this year he took over for Stephenson.”


LOSING MARCHESSAULT AND STEPHENSON to free agency — in an offseason in which they saw six players from their 2023 Stanley Cup-winning team depart — meant the Golden Knights needed to find solutions to make up for those departures.

Eichel provided the Golden Knights with the best season of his career. His 66 assists and 94 points were both career highs. Some point out that Eichel could have had his first 100-point campaign if not for missing five games.

Then there’s his usage. Eichel led all Golden Knights forwards in average ice time (a career high of 20:32 per game), 5-on-5 ice time and power-play minutes. As for short-handed minutes? Eichel led all forwards in that too, by a margin of 35 minutes more than Howden. He was second in defensive zone faceoffs taken.

There was also an underlying theme of limiting mistakes. Vegas finished the regular season with the second-fewest penalty minutes in the NHL. And yes, Eichel was at the heart of that too, as he had only eight penalty minutes.

“It helps when you have the puck a lot,” Stone said. “He’s good in the D-zone, but he has the puck on his stick more than he doesn’t. He plays the D-zone quick, but when you’re that good of a player, the other team is thinking about not making mistakes.”

Karlsson explained how Cassidy’s system can be physically demanding for anyone playing down the middle. He said there are the natural expectations that come with playing center in today’s NHL. But one of the reasons why the Golden Knights place such an emphasis on conditioning and strength training is so their centers are prepared to play those longer shifts in the event they can’t get off the ice.

Stone added that Cassidy’s structure means centers are doing “a lot of skating,” while the wingers are expected to deny the other team from getting shots from the point and being active in the top of the ice.

“He’s been handling it well this year,” Karlsson said. “He’s in Year 3 now of Butch and his assistants. It’s kind of natural to him now and he’s good. He’s good at picking up things like stripping a guy off the top as he’s a big, strong guy. He reads the game well, so he’s really turning into a 200-foot player.”

During Cassidy’s time with the Bruins, he worked with venerable two-way centers such as six-time Selke Trophy winner Patrice Bergeron and stalwart second-line pivot David Krejci. In discussing those two, Cassidy admitted that they “probably taught me more than I taught them.”

But when it came to his conversations with Eichel, Cassidy said that he talked about what he saw from Bergeron and Krejci — the value they saw and provided in efficient operations in the defensive zone.

Cassidy said he and his staff started seeing that investment in Eichel pay off during their championship season. He’s since grown in those responsibilities as a two-way player who can now be used in every situation.

“That’s on the player,” Cassidy said. “They’ve got to decide if that’s what they want to do because it’s not easy to check. It’s a mindset a lot of nights, and we’ve got to be going to work and he’s done it. He’s getting credit for it, and he should.”

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Olney: The X factors defining this year’s trade deadline

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Olney: The X factors defining this year's trade deadline

Teams are traditionally split into two camps leading up to the Major League Baseball trade deadline — those acquiring talent and those trading it away. But the addition of a third wild-card team for each league in 2022, which created a 12-team playoff field, has helped foster a third category: opportunists.

These clubs are on the fringe of contention, aiming to take advantage of a thin trade market by putting high asking prices on some of their players, hoping a desperate contender buys in — for maximum value.

Adders. Dealers. Opportunists.

This is just one of a number of developing conditions that are helping to form the 2025 trade market. Let’s dig into all the X factors that will rule this year’s July 31 deadline based on what executives around the league are saying.

1. There could be more opportunists this year.

The Milwaukee Brewers are hovering around .500 in an absolutely stacked National League, and even though they could be within range of the division lead in July, it would be with diminished hope if the Chicago Cubs continue to build on their strong start. Additionally, it might be unlikely that in an NL packed with playoff-caliber teams — the New York Mets, Philadelphia Phillies and Atlanta Braves in the East, and the Los Angeles Dodgers, San Diego Padres, San Francisco Giants and Arizona Diamondbacks in the West — that Milwaukee could even win a wild-card spot. The Brewers have better chances of taking the NL Central (13%) than earning a wild-card berth (5.3%), according to Fangraphs.

This could lead to the Brewers doing what the Tampa Bay Rays did at the trade deadline last year — capitalize on there being so few dealers on the market. Freddy Peralta has been one of the league’s best starters this year, and he’s earning a very affordable $8 million this year, with Milwaukee holding an $8 million option for next season. If the Orioles landed him, he would instantly become their ace. For the Yankees, he could be a bedrock behind Max Fried and Carlos Rodon. If Peralta stays healthy, his value will never be higher than it is now.

The Rays were the opportunists of last summer, flipping Randy Arozarena to the Seattle Mariners with two-and-a-half years of team control remaining and trading Isaac Paredes to the Cubs despite trailing by just 1½ games for the third wild card on the last Sunday of July. Tampa Bay didn’t go into full sell mode; rather, it saw a stark trade market — “There are no good players available,” one executive said in the middle of last July — and capitalized.

It’s possible — maybe even likely — that the Brewers won’t choose this path. Owner Mark Attanasio is seen by his peers as competitive, someone who places a high value on making the playoffs. Some rival execs don’t believe Milwaukee would consider trading Peralta if the team is still within range of the Cubs, who are managed by former Milwaukee manager Craig Counsell.

But for some of the teams stuck amid the pack of contenders, it’s something worth considering:

  • St. Louis Cardinals: They’re on a winning streak, and they’ve communicated to other teams that even if they aren’t a front-runner, they might keep their tradable players in what is the last season of John Mozeliak’s tenure as head of baseball operations.

  • Minnesota Twins: They could dangle Byron Buxton, their dynamic and oft-injured center fielder, into the trade conversations. Buxton is healthy and playing well, and he’s under contract for the next three seasons at $15.1 million per year.

  • Toronto Blue Jays: Now that they’ve signed Vladimir Guerrero Jr. to anchor their team for a long time, they could look at the best ways to shape a future around him, and weigh offers for players such as Chris Bassitt.

One exec working for a contender doesn’t believe the list of opportunists will be long.

“Usually, what they ask for is unrealistic,” he said. “They’ll ask for your four best prospects and you say no and they move on and keep the player.”

2. The general mediocrity of the American League could greatly reduce its number of dealers.

The Chicago White Sox are rebuilding and open for business, but the front office of any other team in the AL could convince itself that a playoff bid is possible — because it just seems like there are few, if any, great teams.

The Baltimore Orioles might be the best working example of this phenomenon. The start of the season has been disastrous for Baltimore, which has a rotation that has been pummeled regularly. But it’s hard to imagine the Orioles surrendering early, given their success of the past two seasons and their roster of young position players. So, they could be a club that is unwilling to part ways with talent at the deadline, even if they have a losing record.

3. The teams already viewed as potential subtractors might not have the talent contenders want.

Clubs such as the Colorado Rockies, Miami Marlins and White Sox don’t have much to offer in the eyes of rival evaluators. Other teams have monitored Marlins righty Sandy Alcantara and White Sox outfielder Luis Robert Jr., but both are struggling early in the season. Alcantara has an 8.42 ERA in seven starts since his return from elbow surgery, while Robert’s early slash line is .186/.293/.326, which doesn’t boost other teams’ interest — nor the leverage of the White Sox.

4. It appears the market for outfielders will be very thin.

Typically, the upcoming free agent class serves as a tool to define most of the players who could be traded before that year’s deadline — and quite simply, in the outfield, the pickings beyond Kyle Tucker are few.

The would-be opportunists could take advantage of a really soft outfield market and get value if they’re willing to dangle outfielders under team control beyond this season. For example, the Twins could set a solid price for Buxton and the Jays would probably draw a lot of interest for Daulton Varsho, an elite defender who won’t be eligible for free agency until after the 2026 season.

5. Very few good starting pitchers are expected to be available.

If the Cardinals decide to deal players, right-hander Erick Fedde, who has a 3.86 ERA this season, could draw some interest. Fellow right-handed starter Sonny Gray is a three-time All-Star, but his contract is very backloaded — he’s owed $35 million in 2026 — and the last time he was traded to a contender midseason (from the Athletics to New York Yankees in 2017), it did not go well.

6. A Nolan Arenado trade could still be possible.

Conditions are emerging to foster this possibility, if Arenado waives his no-trade clause and if the Cardinals are willing to deal him. Normally, it’s not easy to move a position player with money attached at midseason, but contenders could be interested in acquiring the eight-time All-Star third baseman. The Cubs haven’t found a solution at third base, and the Yankees will soon try DJ LeMahieu in their ongoing attempt to fill the position. The Los Angeles Dodgers waited last season for Max Muncy to turn around a slow start, and he eventually did; this year, they’re waiting again.

Arenado, who killed a possible trade to the Houston Astros last winter, is owed about $24 million for the rest of this year, $27 million in 2026 ($5 million paid by the Rockies) and $15 million in 2027.

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