From the early deals to get things started to the last-minute rush of deadline day activity on Thursday, July 31, this is your one-stop shop for grades and analysis breaking down the details for every trade as they go down.
Follow along as ESPN MLB experts Bradford Doolittle and David Schoenfield evaluate and grade each move, with the most recent grades at the top. This story will continue to be updated, so turn back for the freshest deadline analysis.
For Yankees fans who wanted Eugenio Suarez to fill the hole at third base, this looks like a big letdown considering McMahon is hitting .217/.314/.403 with 16 home runs — compared to Suarez’s 36 — and ranking second in the majors in strikeouts while playing half of his games at Coors Field. Away from Colorado, he has hit just .189 with five home runs. Consider the positives, however:
He has signed through 2027, so he is a solution at third base for the next two years as well (he’ll make $16 million each of the next two seasons).
He is an excellent defender, ranking in the 91st percentile in Statcast’s outs above average.
He ranks in the 86th percentile in walk rate.
He ranks in the 98th percentile in average exit velocity and 87th percentile in hard-hit rate.
He might get the “leaving Coors Field” boost, where his road numbers adjust to playing his home games in a more normal environment.
That last one is important. The Yankees have experience with this: DJ LeMahieu hit .327 and .364 in his first two seasons with the Yankees after leaving the Rockies. Yes, the strikeouts are the big concern here with McMahon, and while he is not having his best season, at the minimum, he upgrades the defense and gives the Yankees a little more power. I suspect McMahon won’t hit .189 with the Yankees and could prove to be a sneaky good addition.
Rockies grade: C
While McMahon’s name had been on the rumor mill, it’s still a mild surprise the Rockies actually traded him. First, they rarely make trades of any sort, especially significant ones, and they especially rarely trade their homegrown players such as McMahon. So, at least good for them for doing something that probably makes sense.
Did they get much in return? Herring was a sixth-round pick last year from LSU, where he pitched in relief. The Yankees turned him into a starter, and Herring has mowed through two levels of Single-A with a 1.71 ERA and 10.3 K’s per nine. Primarily a fastball/sweeper guy at LSU, his changeup has proven a big weapon as right-handed batters are hitting just .159 against him.
A college pitcher from a high-profile program such as LSU dominating the low minors usually doesn’t tell us much, except in this case, Herring’s lack of experience and successful transition to a bigger workload is a huge positive. Herring didn’t crack Kiley McDaniel’s top 10 Yankees prospects in his July update but did make MLB.com’s list at No. 8.
Grosz has spent the entire 2025 season at high A, posting a 4.14 ERA with 94 strikeouts in 85 innings and holding batters to a .211 average. He has a high-spin fastball that sits in the mid-90s, but the secondary stuff needs improvement, and the command is a tick below average (35 walks).
The biggest issue is these are two pitchers who haven’t performed above Single-A and don’t necessarily have elite stuff. The stat lines look good, but the next step to Double-A will be a big test to see how Herring’s fastball plays against better competition and whether Grosz can improve his command. — David Schoenfield
Through the end of May, the Mets’ bullpen ranked second in the majors with a 2.78 ERA. Since June 1, however, the Mets rank 27th with a 5.02 ERA, so Soto is a logical addition — and probably won’t be the last reliever the Mets acquire. Part of the problem is Mets’ starters haven’t pitched deep into games and manager Carlos Mendoza ran his top relievers except closer Edwin Diaz into the ground.
The Mets have also been without a reliable lefty with offseason signing A.J. Minter out for the year. They did just activate Brooks Raley, but Soto gives them another lefty option, no doubt thinking ahead to potential playoff matchups against the Phillies (Bryce Harper, Kyle Schwarber), Dodgers (Shohei Ohtani, Freddie Freeman) or Cubs (Kyle Tucker, Michael Busch, Pete Crow-Armstrong). They’re going to need more than one lefty reliever.
Is Soto a good option though? He still has premium stuff with a 97 mph fastball and wipeout slider, and left-handed batters are hitting just .138 against him in 2025 (although two of the eight hits have been home runs). As always, however, throwing strikes is often an issue (4.5 walks per nine), and he has a large platoon split (right-handed batters have a .371 OBP against him). Soto is a good left-on-left on matchup, but his control means he isn’t always the most trustworthy, and the Orioles weren’t using him in a lot of high-leverage situations of late.
Orioles grade: B-
Let the exodus begin. With as many as 11 more potential free agents, the Orioles are going to be busy over the next week. A lot of those trades will look like this one: a couple of second-tier type prospects. Aracena (No. 19 on MLB.com’s Mets list, No. 28 on Baseball America) is a 6-foot-3, 20-year-old right-hander with a 2.38 ERA in low-A, including 84 strikeouts in 64 innings, featuring a fastball in the upper 90s that has topped out at 101. That’s the good news. The “Why did the Mets trade him?” news is that he has walked 35 batters. He has a cutter and a slider, but the profile here suggests he might end up as a reliever. Still, a decent return for a non-elite reliever such as Soto.
Foster is a 26-year-old reliever who crushed Double-A in repeating the level this season (1.01 ERA), although he struggled in his first two outings after a recent promotion to Triple-A (seven runs in 3.2 innings). Given all the trades the Orioles will make, it wouldn’t be surprising to see him pop up in the big league bullpen at some point this season. — David Schoenfield
This is the first significant trade heading into the final week before the deadline, and it’s interesting in part because it signifies the Diamondbacks are going to be dealing — Naylor could be the first of a group that might include Eugenio Suarez, Merrill Kelly and Zac Gallen, potentially spicing up the deadline with some intriguing names.
While third base was the Mariners’ biggest offensive need, Naylor gives them a well-rounded hitter who has been one of the top contact hitters in the majors this season, hitting .292/.360/.447 with 11 home runs and the 13th-lowest strikeout rate among qualified hitters. Naylor has done most of his damage against right-handed pitchers, hitting .310/.390/.493 with nine of his 11 home runs. That’s an upgrade over incumbent Luke Raley, who has hit .248/.370/.397 against right-handers but is just 1-for-20 against southpaws, with light-hitting Donovan Solano serving as his platoon partner.
Naylor can play every day and fits somewhere in the middle of the lineup, which ranks in the bottom 10 in the majors in strikeout rate, so his contact ability will be a nice addition. It also improves Seattle’s bench as Raley can now fill in at right field (although Dominic Canzone has been hitting well) or DH, with Jorge Polanco perhaps getting some time at second base over Cole Young. Rookie third baseman Ben Williamson is an excellent defender but has just one home run in 256 at-bats. While Polanco has plenty of experience at third in his career, he hasn’t started there since April 4 as a shoulder issue has limited his throwing.
In other words: The Mariners could still seek an upgrade at third base. The Diamondbacks might wait until July 31 to deal Suarez, hoping that one of the several teams that need a third baseman will give in with a nice package of prospects. The Mariners didn’t give up any of their top 10 prospects here, so here’s guessing that Seattle president of baseball operations Jerry Dipoto and Arizona general manager Mike Hazen aren’t done exchanging text messages.
Diamondbacks grade: B
While Garcia and Izzi didn’t rank in Kiley McDaniel’s top 10 Mariners prospects, that’s not necessarily a knock on their potential: Seattle’s top 10 is loaded with top-100 overall prospects. Garcia was ranked No. 13 on MLB.com’s team list and Izzi No. 16.
Drafted in the 11th round out of Texas A&M in 2023, Garcia was a surprising success story as a starter in 2024, but the Mariners moved him to the bullpen this season, and he just made his MLB debut after posting a 3.51 ERA across Double-A and Triple-A with 42 strikeouts in 33⅔ innings. He throws a mid-90s sinker along with a sweeper and cutter, and held lefties to a .235 average and .255 slugging percentage. He can probably go straight to Arizona’s bullpen right now, with the idea that the Diamondbacks try him as a starter in 2026. He’s a nice sleeper prospect in a trade like this, with at least a floor as a reliever and maybe some upside as a back-end starter.
Izzi is a 21-year-old righty with a mid-90s fastball who was a fourth-round pick out of high school in 2022, but he has struggled at high-A Everett with a 5.51 ERA across 12 starts. His fastball/sweeper combo could eventually work as a reliever, although right-handed batters have hit him as hard as lefties. He’s a development prospect.
Nothing too flashy here, but there wasn’t going to be a huge market for Naylor, and he was competing with the likes of Ryan O’Hearn and Marcell Ozuna in the 1B/DH class, so Arizona probably figured it had to strike first with Naylor, giving the team more time to discuss deals for their other pending free agents. — David Schoenfield
Jeff Legwold covers the Denver Broncos at ESPN. He has covered the Broncos for more than 20 years and also assists with NFL draft coverage, joining ESPN in 2013. He has been a member of the Pro Football Hall of Fame Board of Selectors since 1999, too. Jeff previously covered the Pittsburgh Steelers, Buffalo Bills and Houston Oilers/Tennessee Titans at previous stops prior to ESPN.
BOULDER, Colo. — University of Colorado football coach Deion Sanders announced Monday that he had undergone surgery to remove his bladder after doctors discovered a tumor there. Sanders said, since the surgery, there are no traces of cancer, and he will continue to coach this season.
In a packed Touchdown Club in the Dal Ward Athletic Center, Sanders appeared with Dr. Janet Kukreja, director of urological oncology at University of Colorado Cancer Center, and answered some of the questions that have swirled around him throughout the offseason.
The 57-year-old Sanders has largely been out of the public eye in recent months, save for an appearance at Big 12 media days earlier this month when he acknowledged Big 12 commissioner Brett Yormark for repeatedly checking in on him and praised Colorado athletic director Rick George.
Sanders deflected questions about his health at Big 12 media days and previously had not publicly offered any specifics. In July his son, Deion Jr., posted a video on social media in which Deion Sanders is heard saying he was dealing with a health issue and that “I ain’t all the way recovered.”
In the video he was seen stepping into an ice bath as well as shooting a basketball and a walk with his daughter. Sanders said in May he had lost about 14 pounds as he had limited contact around the program during the team’s spring and summer workouts.
Sanders has previously dealt with serious health issues. He has had bouts with blood clots in his legs, had two toes amputated in 2022 and emergency surgery in June 2023 to treat the persistent clots, including one in his thigh in one leg and several just below his knee in his other leg.
On the field, Sanders is set to begin his third season at the school. With his son, Shedeur, at quarterback and Heisman Trophy winner Travis Hunter, college football’s most accomplished two-way player in the modern era, the Buffaloes finished 9-4 last season with an Alamo Bowl appearance. Sanders’ son Shilo, a safety for the Buffaloes for the past two seasons, has also moved on to the NFL, along with several high-profile players on offense.
The top storyline on the field for the Buffaloes is the battle to replace Shedeur behind center. In two seasons, Sanders completed 71.8% of his passes for 7,364 yards with 64 touchdowns.
It will be the first season Deion Sanders doesn’t coach a high school or college team with Shedeur at quarterback.
Seventeen-year-old true freshman Julian Lewis, a five-star recruit and No. 2 player in the 2025 ESPN 300, and Kaidon Salter, who started 24 games in four seasons at Liberty, will compete for the job.
Cleveland Guardians closer Emmanuel Clase on Monday was placed on non-disciplinary paid leave through Aug. 31 as part of Major League Baseball’s investigation into sports gambling, the second Guardians pitcher to be caught up in the inquiry.
Guardians right-hander Luis Ortiz remains on non-disciplinary paid leave after originally being placed there July 3 after unusual gambling activity on two pitches he threw for balls, sources told ESPN. Ortiz’s leave was later extended to Aug. 31.
In a statement, the Guardians said “no additional players or club personnel are expected to be impacted” by the investigation. The investigation, a source confirmed, has not turned up information tying other players with the team to sports gambling.
Clase, 27, is a three-time All-Star and two-time winner of the Mariano Rivera Award as the best relief pitcher in the American League. He finished third in AL Cy Young voting last year when he posted a 0.61 ERA over 74.1 innings. In 47.1 innings this season, Clase has a 3.23 ERA and has already allowed more hits this year (46) than last (39) while striking out 47 and walking 12.
His ties to the investigation that started following a June 27 alert from IC360, a firm that monitors betting markets for abnormalities, are unclear. Sportsbooks and gambling operators were alerted after a spike in action on Ortiz’s first pitch in the bottom of the second inning against the Seattle Mariners on June 15 and in the top of the third inning against the St. Louis Cardinals on June 27, according to sources. In both cases, unusual amounts of money were wagered on the pitches being a ball or hit-batsman from betting accounts in New York, New Jersey and Ohio, according to a copy of the IC360 alert obtained by ESPN. Both pitches wound up well outside the strike zone.
At the All-Star Game in mid-July, MLB commissioner Rob Manfred said while he still supports legal gambling because of the transparency regulation offers, he was concerned about so-called microbets, such as ones that offer action on individual pitches.
“There are certain types of bets that strike me as unnecessary and particularly vulnerable,” Manfred said. “I know there was a lot of sports betting, tons of it that went on illegally and we had no idea, no idea what threats there were to the integrity of the play because it was all not transparent,” he added. “I firmly believe that the transparency and monitoring that we have in place now, as a result of the legalization and the partnerships that we’ve made, puts us in a better position to protect baseball than we were in before.”
Philadelphia Phillies star Bryce Harper stood nose to nose with Rob Manfred during a meeting between the Major League Baseball commissioner and the team last week, telling him to “get the f— out of our clubhouse” if Manfred wanted to talk about the potential implementation of a salary cap, sources told ESPN on Monday.
The confrontation came in a meeting — one of the 30 that Manfred conducts annually in an effort to improve his relations with every team’s players — that lasted more than an hour. Though Manfred never explicitly said the words “salary cap,” sources said the discussion about the game’s economics raised the ire of Harper, one of MLB’s most influential players and a two-time National League MVP.
Ahead of the expiration of the collective-bargaining agreement between MLB and the MLB Players Association on Dec. 1, 2026, multiple owners have stumped for a salary cap in baseball, the only major men’s North American sport without one. The MLBPA vehemently opposes a cap, which it argues serves more as a tool to increase franchise values than to lessen the game’s large disparity between high- and low-spending teams.
Quiet for the majority of the meeting, Harper, sitting in a chair and holding a bat, eventually grew frustrated and said if MLB were to propose a cap and hold firm to it, players “are not scared to lose 162 games,” sources from the meeting told ESPN. Harper stood up, walked toward the middle of the room, faced Manfred and said: “If you want to speak about that, you can get the f— out of our clubhouse.”
Manfred, sources said, responded that he was “not going to get the f— out of here,” saying it was important to talk about threats to MLB’s business and ways to grow the game.
Before the situation further intensified, veteran outfielder Nick Castellanos tried to defuse the tension, saying: “I have more questions.” The meeting continued, and Harper and Manfred eventually shook hands, sources said, though Harper declined to answer phone calls from Manfred the next day.
“It was pretty intense, definitely passionate,” Castellanos told ESPN. “Both of ’em. The commissioner giving it back to Bryce and Bryce giving it back to the commissioner. That’s Harp. He’s been doing this since he was 15 years old. It’s just another day. I wasn’t surprised.”
When reached by ESPN, Harper declined to comment. Manfred declined to comment through a league spokesperson.
Though he has not been outspoken on labor issues in previous years, the 32-year-old Harper, who is represented by agent Scott Boras, personified the union’s perspective on the prospect of a capped system. At the All-Star Game in Atlanta earlier this month, MLBPA executive director Tony Clark called salary caps “institutionalized collusion,” and in a February interview with ESPN, he said: “We always have been and continue to be ready to talk about ways to improve the industry, and we do a lot of things with the league to do exactly that. You don’t need a salary cap to grow the industry.”
The meeting with the Phillies — some previous details of which were reported by The Bandwagon — covered a variety of topics, sources said, but CBA negotiations, and their potential consequences, loomed large. The specter of a potential work stoppage going into the 2027 season has hovered over the game since 2022, when the parties agreed to a five-year labor deal that ended a 99-day lockout by the owners.
“Rob seems to be in a pretty desperate place on how important it is to get this salary cap because he’s floating the word ‘lockout’ two years in advance of our collective bargaining agreement [expiration],” Castellanos said. “That’s nothing to throw around. That’s the same thing as me saying in a marriage, ‘I think divorce is a possibility. It’s probably going to happen.’ You don’t just say those things.”
Though Manfred has not committed to pursuing a salary cap, multiple owners have criticized MLB’s current economic system and alluded to a cap as a panacea directly (Baltimore‘s David Rubenstein) or indirectly (Boston‘s John Henry, Pittsburgh‘s Bob Nutting and the New York Yankees‘ Hal Steinbrenner). Manfred’s regard of lockouts as a tool in negotiations further agitates players.
“It was pretty intense, definitely passionate. Both of ’em. The commissioner giving it back to Bryce [Harper] and Bryce giving it back to the commissioner. That’s Harp. He’s been doing this since he was 15 years old. It’s just another day. I wasn’t surprised.”
Phillies outfielder Nick Castellanos
Manfred began holding regular meetings with teams in the aftermath of the 2022 negotiations, having said that “one of the things I’m supposed to do is promote a good relationship with our players. I’ve tried to do that. I have not been successful in that.”
Despite the efforts, distrust in Manfred among players remains — particularly when discussing economic issues.
MLB’s desire for a salary cap dates back decades. The players’ strike in 1994 that canceled the World Series was in direct response to the league’s efforts to move to a capped system. Some of the same talking points used by MLB in the 1990s — particularly about the lack of profitability of teams amid an environment that has seen immense growth in franchise value and revenue — have reemerged in recent years.
“In the back of our heads, we’re like, ‘Why are you talking to us like owning a baseball team is like owning a nail salon?'” Castellanos said. “That you’re only going to be a functional business if you can make up the money that you put in this year?”
Players on multiple teams told ESPN they have used meetings with Manfred to press him on the lack of payroll spending by certain teams. Going into this season, the gap between luxury tax payrolls of the highest-spending team (the Los Angeles Dodgers at more than $400 million) and lowest spenders (the Miami Marlins at just under $86 million) raised ire among fans and made salary caps a far bigger part of the rhetoric surrounding the game than in previous years.
Public discussion has done little to alter the opinions of players on a cap. The benefit of meeting with Manfred, Castellanos said, is to better understand the league’s perspective on a business that made more than $12 billion in revenue last year. With the league aiming to nationalize local television rights by 2028 and the growth of gambling and other ancillary businesses, Castellanos believes education is vital to ensuring a well-informed player population.
“We don’t really know that much about it,” Castellanos said. “It’s not like somebody is teaching us about this conglomerate of Major League Baseball that we, the players, make up, make possible. There’s no players, there’s no Major League Baseball. I don’t believe Rob Manfred is evil. I don’t believe the owners are evil. I don’t believe any of that.
“Nobody wants a work stoppage in baseball. Not the players, not the league.”