Why Teams Wait To Make Trades
Completing a trade before July — a real player-for-player deal that improves one’s playoff chances or prospect depth — can be exceptionally difficult. Sometimes the stars align, as they did in late May when the Rays sent Willy Adames to the Brewers in a deal that included three relievers swapping jerseys, but for the most part, things are quiet until the final weeks before the deadline.
That’s despite the fact that it makes sense for teams to address their needs early. An acquisition to help a team get into the playoffs has a much greater impact if he’s on the roster for 90 games instead of 60; you don’t need to be a quant genius to tell you that’s 50% more games. Buyers want to address their needs yesterday, and obvious sellers have players available immediately. For most, however, the waiting game just makes good business sense in terms of market dynamics. And there’s a new wrinkle to this year’s market that clubs are still figuring out how to navigate — one that will surely add to the delays in getting that stove truly hot.
Why Buyers Wait
Teams looking to make a playoff push are waiting for the market to expand. Depending on how you look at it, there are only six to eight obvious sellers right now, and many of them don’t have much of interest on the available menu. There are an equal amount of teams on the bubble in late June, and these are teams with better rosters full of plenty of players that winning clubs would like to have. The Cubs and Giants, who were seen as two of those bubble teams entering the year, are loaded with excellent players on expiring contracts, but at this point, they’re buyers.
But even with those options off the table, there are plenty of very good players who are not available today but might be two to four weeks from now. What if the Angels go cold and are suddenly willing to talk about Alex Cobb and Andrew Heaney? Are there scenarios where another losing streak for the Nationals makes (gulp) Max Scherzer available?