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First Pitch: How Do August Waiver Trades Work?

First Pitch: How Do August Waiver Trades Work?

Today the trade deadline passed, and for the second year in a row the Pirates didn't make a move. The deadline was a strange one, as the majority of the trades that were made featured Major League talent going for Major League talent, rather than prospects for established players. While the Pirates didn't make any moves at the deadline, they will look internally for some upgrades. A big misconception in the past is that teams can't trade after the deadline. Obviously, as Pirates fans saw last August, you can make deals after July 31st.

The big advantage to making deals prior to the July 31st deadline is that there are no restrictions on deals that can be made.  Teams can trade with any other team, and for that reason, teams can try to maximize the value of the return for their players on the market by selling to the top bidder.  That luxury is removed after the July 31st trade deadline. Teams are limited to making deals based on the waiver system, and the numerous scenarios that mak...

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Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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