Padres and Astros made jaw-dropping trades at MLB trade deadline.
Twins had an epic fire sale, trading 10 players in 24 hours.
Mason Miller gives the Padres MLB’s best bullpen – at a huge cost.
Major League Baseball’s 2025 trade deadline featured a flurry of big deals, including some genuinely stunning swaps like Carlos Correa returning to the Houston Astros and the San Diego Padres adding Mason Miller to their bullpen.
The Minnesota Twins traded 10 players from their 26-man roster in the span of 24 hours, while the Arizona Diamondbacks and Baltimore Orioles were also big sellers at the July 31 deadline.
In addition to the deal for Miller, the Padres got Ryan O’Hearn and Ramon Laureano from the Orioles, two of the top bats available as they seek to chase down the Los Angeles Dodgers in the NL West. The New York Yankees remade their bullpen with separate trades for relievers David Bednar, Camilo Doval and Jake Bird.
We break down all the deals from deadline day:
Carlos Correa trade grades
Houston Astros receive INF Carlos Correa, $33 million; Minnesota Twins receive LHP Matt Mikulski
Astros grade: B+
Houston brings Correa home after a few years apart, getting the Twins to eat a huge chunk of the two-time World Series champion’s salary. He’ll move to third base with his one-time replacement Jeremy Peña at short and while Correa hasn’t performed consistently since departing, it’s a lower-risk move for the Astros in a deal that should make everyone happy.
Twins grade: A-
This was Minnesota’s one and only chance to get out of the Correa contract. Kudos to them for seizing the opportunity, a pure salary dump that admits defeat on the once-marquee free agent signing.
Mason Miller trade grades
San Diego Padres receive RHP Mason Miller, LHP JP Sears; Athletics receive SS Leo De Vries, RHP Braden Nett, RHP Henry Báez and RHP Eduarniel Nuñez
Padres grade: B
It’s quite a coup getting both the game’s most dominant closer and a guy with four years of club control remaining after this season. Miller, 26, is generally untouchable in the ninth inning and in two seasons as A’s closer has nailed down 48 of 54 save opportunities, an 89% conversion rate on par with Hall of Famers Trevor Hoffman and Mariano Rivera.
The cost? It’s huge. De Vries is the most significant international signing the Padres have had this decade, no small honor, and he’s consistently been challenged – and succeeded – at levels where the average player is four to five years older than him. Put simply: Not many 17-year-olds flash power and speed in stateside A ball and go on to the Arizona Fall League, as De Vries did in 2024.
While Miller’s controllable years mean the Padres can flip him in future seasons for either immediate help or to galvanize their system, it still stings to trade a potential (likely?) franchise player for a reliever.
Athletics grade: A
The deal begs one dark question: Will any of their young stars make it to Las Vegas, should they ever complete their ballpark there?
It’s yet another step back at the big league level for the A’s in a five-year cycle of utter desiccation that hastened their move from Oakland. And it’s perhaps not a coincidence that Miller was dealt months before he entered the first of four years of salary arbitration.
– Gabe Lacques
Camilo Doval trade grades
New York Yankees receive RHP Camilo Doval; San Francisco Giants receive Jesus Rodriguez, Trystan Vrieling, Parks Harber, Carlos De La Rosa
Yankees grade: A-
Doval is having a nice bounce-back season and is under team control through 2027, completing a complete overhaul of the Yankees’ bullpen beyond 2025 after adding David Bednar and Jake Bird earlier in the day.
Giants grade: B-
Definitely could have gotten more for the 2023 National League saves leader if they had waited until the winter – unless he tailed off down the stretch.
Griffin Jax trade grades
Tampa Bay Rays receive RHP Griffin Jax; Minnesota Twins receive RHP Taj Bradley
Rays grade: B
Tampa Bay officially gives up on Bradley, one of the top prospects in baseball a few years ago, after giving him a pretty shot in the rotation over the past two years. Jax hasn’t looked like himself this year, but he’s a proven high-leverage arm the Rays need in the AL wild-card race.
Twins grade: B+
Bradley is only 24 years old, under team control through 2029 and hasn’t been bad by any stretch of the imaginaton. Pretty decent gamble here.
Merrill Kelly trade grades
Texas Rangers receive RHP Merrill Kelly; Arizona Diamondbacks receive LHP Kohl Drake, RHP David Hagaman, LHP Mitch Bratt.
Rangers grade: A-
With Jacob deGrom, Nathan Eovaldi and now Kelly, watch out if the Rangers get into the playoffs. Kelly, who played in Korea from 2015-2018, is having the best season of his career at age 36 and brings some postseason pedigree having gone 3-1 with a 2.25 ERA in four starts across Arizona’s run to the World Series in 2023.
Diamondbacks grade: B+
Holding a ton of trade chips this month, Arizona has been frustrated by the slow market. Having already unloaded Josh Naylor and Eugenio Suarez, the Diamondbacks get three prospects in exchange for Kelly, a free agent at the end of the season. Drake was the Rangers’ No. 5 prospect and has a 3.10 ERA in 16 minor-league games this season.
Ryan O’Hearn, Ramon Laureano trade grades
San Diego Padres receive 1B/OF Ryan O’hearn, OF Ramon Laureano; Baltimore Orioles receive RHP Boston Bateman, INF Brandon Butterworth, INF Cobb Hightower, INF/OF Victor Figueroa, RHP Tyson Neighbors and RHP Tanner Smith.
Padres grade: A
San Diego dramatically improved its lineup with the deal for two of the top bats on the market, having already acquired catcher Freddy Fermin from the Royals earlier in the day. The Padres really should push the Dodgers in the NL West over the next two months and have to be considered one of the top World Series contenders
Orioles grade: A
Rather than finding separate buyers, the Orioles packaged two of the top bats on the market and received six prospects in return – all of whom were just drafted in 2024.
José Caballero trade grades
New York Yankees receive INF/OF José Caballero; Tampa Bay Rays receive OF Everson Pereira and PTBNL or cash.
Yankees grade: B+
Caballero, who led the AL with 44 steals in 2024 and has 34 this year, is a nice addition for a Yankees team that ranks in the middle of the pack for stolen bases. The trip to join his new teammates was an easy one with the Rays already in the Bronx, Caballero merely switching clubhouses.
Rays grade: B
Tampa Bay has enough guys who can run and the roster spot was helpful as the Rays made deals on deadline day.
Jake Bird trade grades
Yankees grade: A-
Hours after agreeing to a deal with the Pirates for closer David Bednar, the Yankees further fortified their bullpen with with the 29-year-old Bird, under team control through 2028. With a 4.73 ERA this season and even career home-road splits away from Coors Field, Bird doesn’t have quite the upside as other relievers on the market this week, but the Yankees acquire a reliable – and cheap – arm to the middle relief corps.
Rockies grade: C
Colorado is in a race to avoid the worst record in MLB history, but decided to trade its best relief pitcher who currently costs just about nothing. They’ll save a few million in Bird’s arbitration years, but dealing the right-hander was definitely not somethign the Rockies needed to do.
Jesús Sánchez trade grades
Houston Astros receive OF Jesús Sánchez; Miami Marlins receive RHP Ryan Gusto, INF Chase Jaworsky, OF Esmil Valencia
Astros grade: B+
The AL West leaders needed outfield help and find it in the 27-year-old, already a veteran of six seasons. Sánchez presumably will step into the strong side of a left field platoon in Houston, which had been giving regular outfield starts to Taylor Trammell. Doesn’t look like a huge move now, but can’t you picture Sánchez lacing an RBI double at Daikin Park in October?
Marlins grade: B
Good move from a fiscal perspective with the outfielder making $4.5 million and scheduled for an annual raise through 2027.
Phil Maton trade grades
Texas Rangers receive RHP Phil Maton; St. Louis Cardinals receive LHP Mason Molina, RHP Skylar Hales, international slot money.
Rangers grade: B+
Texas bolsters its bullpen with the veteran right-hander who has enjoyed a fine 2025 season as a high-leverage arm in St. Louis.
Cardinals grade: B
Two prospects and the international money is a nice return as they’ve fallen out of contention.
Cedric Mullins trade grades
New York Mets receive OF Cedric Mullins; Baltimore Orioles receive RHP Raimon Gomez, RHP Anthony Nuñez, RHP Chandler Marsh.
Mets grade: B+
Adding Mullins is nice for the Mets, giving them a plus defender in center field to phase out the glove-first Tyrone Taylor. He’s a rental but with his power-speed combination, Mullins could be a huge contributor down the stretch as New York tries to fight off Philadelphia for first place in the NL East.
Orioles grade: B+
Mullins’ time with the Orioles ends 10 years after the club drafted him in the 13th round. It’s certainly not the way Baltimore wanted to say goodbye to their longtime outfielder, but the Orioles got two of the Mets’ top 30 prospects in Nunez (No. 14) and Gomez (No. 30).
David Bednar trade grades
Yankees receive RHP David Bednar; Pittsburgh Pirates receive C/1B Rafael Flores, C/1B Edgleen Perez, OF Brian Sanchez.
Yankees grade: A
The Bombers bolster their bullpen for the stretch run and beyond, landing the two-time All-Star reliever who will be under team control through 2026. The 30-year-old’s addition is huge considering Devin Williams and Luke Weaver are free agents at the end of the season.
Pirates grade: C+
Holding one of the last relievers remaining on the market in the hours leading up to the deadline, you might have expected the Pirates to get more in this deal for a controllable All-Star. Flores ranks as the Yankees’ No. 8 prospect according to MLB.com, but he’s already 24 years old and has struggled since his promotion to Class AAA (.677 OPS in 10 games). Perez is 19 years old and has had a tough season in Class A (.209 average in 301 AB) but scouts hope his bat will catch up with his glove behind the plate.
Harrison Bader trade grades
Philadelphia Phillies receive OF Harrison Bader; Minnesota Twins receive OF Hendry Mendez, RHP Geremy Villoria.
Phillies grade: A-
Philadelphia gives up basically nothing to get one of the game’s better defensive center fielders, who should provide some pop for an outfield that desperately needs some. Bader has an .809 OPS in 31 career postseason games.
Twins grade: B+
Might as well get a couple of projects in exhange for a rental outfielder. The 21-year-old Mendez ranked as the Phillies’ 12th-best prospect and has an .808 OPS in 85 Class AA games this season. Signed as an international free agent this past winter, Villoria is just 16 years and old and recently made his pro debut with 19 strikeouts through five starts.
Kyle Finnegan trade grades
Detroit Tigers receive Kyle Finnegan; Washington Nationals receive RHP Josh Randall, RHP R.J. Sale
Tigers grade: B+
Finnegan isn’t Mason Miller or Jhoan Duran or Ryan Helsley, but the 33-year-old is a great addition to Detroit’s bullpen as a veteran with ninth-inning experience, saving 86 games over the past three seasons for the middling Nationals. An All-Star in 2024, Finnegan has only given up three home runs in 34 games this season and could take some save chances from Will Vest, who has 2.53 ERA in 16 saves for the Tigers in 2025.
Nationals grade: B
The least-sexy closer on the market, Finnegan netted the Nationals a pair of pitchers with Randall ranking as Detroit’s No. 15 prospect, according to MLB.com
Shane Bieber trade grades
Toronto Blue Jays receive RHP Shane Bieber; Cleveland Guardians receive RHP Khai Stephen.
Blue Jays grade: A-
Toronto is going for it! Bieber, the 2020 Cy Young winner, still hasn’t pitched in the majors since undergoing Tommy John surgery early in 2023 and hit some speedbumps in his rehab but the Blue Jays get a high-upside starter who is under team control through next year. Bieber has a $16 million team option (with a $4 million buyout) for 2026, which could end up looking like a steal.
Guardians grade: B+
Bieber gets traded before making his Cleveland return, a huge bummer for fans 30-year-old right-hander who was drafted by the organization in 2016. A second-round pick last year, Stephen was considered one of the Blue Jays’ top five prospects and is 9-1 with a 2.06 ERA in 91 ⅔ innings across three levels this season, currently in Class AA. Unfortunate that the Guardians had to let him go, but a nice return in the one-for-one swap.
Paul Sewald trade grades
Detroit Tigers receive RHP Paul Sewald; Cleveland Guardians receive player to be named later.
Tigers grade: B+
Sewald is injured and expected to return in September, so this is a move the Tigers are making for October. The 35-year-old had a 4.70 ERA in 18 games this season, but his underlying numbers look better than that with a 4.07 FIP, 1.174 WHIP and 4.5 strikeouts per walk.
Guardians grade: B
PTBNL for an injured reliever? Why not.
Eugenio Suárez trade grades
Seattle Mariners receive 3B Eugenio Suarez; Arizona Diamondbacks receive 1B Tyler Locklear, RHP Juan Burgos and RHP Hunter Cranton.
Mariners grade: B+
They got the top hitter available and it’s telling that the Mariners liked Suárez enough to bring him back after less than two years apart – despite his struggles in Seattle. That puts a ton of pressure on the slugger who is a free agent after the season. Mariners third basemen have totaled just five home runs and 35 RBIs this season, bottom-five in the majors in both categories, so it’s a move they had to make.
Diamondbacks grade: B+
Pretty good return, plucking three of Seattle’s top 20 prospects in Locklear (No. 9), Cranton (16) and Burgos (17). Locklear, 24, will likely find himself getting a run-out in Arizona’s lineup sooner rather than later. The first baseman made his big-league debut last season and has nothing left to prove in the minors (.316/.401/.552, 19 HR, 82 RBis in Class AAA).
Jhoan Duran trade grades
Philadelphia Phillies receive RHP Jhoan Duran; Minnesota Twins receive C Eduardo Tait, RHP Mick Abel
Phillies grade: A
Dave Dombrowski seized on his opportunity to get 2½ years of one of the best relievers in baseball in exchange for just a pair of prospects. It’s a huge addition for the Phillies, with Duran presumably assuming the ninth-inning role and taking a ton of pressure off the club’s other high-leverage guys. Philadelphia has the 27-year-old flamethrower under team control through 2027.
Twins grade: C-
It’s hard to believe that this is the best return the Twins could have gotten for the most desirable reliever on the market. That said, Tait is only 18 years old and rising fast on prospect boards, while Abel is a good candidate for a post-hype bounce back.
Ke’Bryan Hayes trade grades
Cincinnati Reds receive 3B Ke’Bryan Hayes; Pittsburgh Pirates receive LHP Taylor Rogers, SS Sammy Stafura
Reds grade: C+
Surprising move for Cincinnati, which is buying fairly low on Hayes, who remains one of the best defensive third basemen in the game. Maybe Hayes will benefit from a move to Great American Ball Park, one of MLB’s most hitter-friendly parks? It’s certainly a lower-risk move for the Reds taking on the remainder of Hayes’ salary – $30 million from 2026-2029 plus a $6 million buyout for 2030 – but third base isn’t usually a position that you’re willing to sacrifice offense at.
Cincinnati manager Terry Francona said Hayes ‘might be the best defender in baseball,’ but wasn’t as bullish on his new third baseman’s bat. ‘We know where the hitting has been,’ Francona said. ‘Sometimes a change of scenery − I don’t want to get too far ahead because I’ve barely talked to him but he seems excited and we’re excited to have him and see where it goes.’
Pirates grade: B
It’s naive to believe the Pirates will seriously reinvest the Hayes savings into winning games in the years to come, but the club cleared itself of a long-term deal with a guy who didn’t turn out to be what they expected. Credit where it’s due for Pittsburgh investing in Hayes with an eight-year, $70 million extension back in 2022 – and maybe they’re giving up too early on the 28-year-old at a low annual cost – but the deal nets $36 million in savings after the 2025 season. That said, the Pirates probably could have gotten a better return this winter.
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