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In response to "man, i just do not understand this sport -- nm" by prayformojo

The trade deadline is technically the last day of July.

The waiver trade deadline is the last day of August. In order for a player to be traded in August, they must first clear waivers. What happens 97% of the time is that the player's current team asks too much and no deal occurs. 2% of the time, a trade happens. 1% of the time, the team that has the player's rights says "Just take him" for payroll relief.

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