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It's trade deadline day in Major League Baseball, with some big names expected to be dealt in the hours, minutes and seconds leading up to the 6 p.m. ET deadline.The Los Angeles Dodgers' trade for back-to-back Cy Young winner Tarik Skubal further solidified the World Series champions as the favorites to win it all once again."I don't think I've felt this good after getting swept," Dodgers manager Dave Roberts said after Sunday's loss to the Boston Red Sox – who rode a wild winning streak into contention and should be involved in a deal or two ahead of the deadline.Keep it here for the latest rumors and updates as the clock winds down:What time is MLB trade deadline?When: Monday, Aug. 3Time: 6 p.m. ETTeams must have trade details finalized and submitted to the league office by the deadline in order for any acquired players to be eligible for the playoffs. After that, players on 40-man rosters can't be traded.Luis Arraez to the PhilliesThe Philadelphia Phillies are trading for three-time batting champion Luis Arraez and right-reliever Kaleb Kilian of the San Francisco Giants, a person with direct knowledge of the trade told USA TODAY Sports. The Giants will receive starter Ramon Marquez, the Phillies’ No. 4 prospect and reliever Marty Gair.The person spoke on the condition of anonymity since the trade has yet to be announced until physicals are complete.Arraez, a three-time All-Star, is hitting .324 this season with four homers, 47 RBIs and an .801 OPS. And although he’s left-handed, he still rakes against lefties, hitting .315 with a .341 on-base percentage and .782 OPS.He’s exactly the type of hitter the Phillies are looking for, someone who is dramatically different than the rest of the slugging lineup they have in place. He has struck out just 21 times all season.– Bob NightengaleBlue Jays acquire Jose SorianoJust one day after trading away staff ace Kevin Gausman, the Toronto Blue Jays have added a starting pitcher to take his place in the rotation.The Jays have acquired right-hander Jose Soriano from the Los Angeles Angels, ESPN's Jeff Passan reports. In exchange, the Angels receive shortstop prospect Arjun Nimmala, outfielder Eddie Micheletti and right-hander Angel Rivero.Nimmala is the Jays' No. 2 overall prospect, according to MLB Pipeline, behind fellow shortstop JoJo Parker. The other two prospects aren't among the Jays' top 30.Mets' fire sale continuesWhile it's not the magnitude of the Freddy Peralta trade, the New York Mets have dealt another pitcher. The Athletic's Ken Rosenthal reported overnight that they've send hard-throwing reliever Huascar Brazoban to the Chicago White Sox for minor-league pitchers Gabe Davis and Zach Franklin.White Sox land Luis CastilloThe Chicago White Sox didn’t have to prove they were legitimate playoff contenders, but they affirmed as much on Saturday when they acquired right-handed pitcher Luis Castillo from the Seattle Mariners in exchange for reliever Seranthony Dominguez, former outfield prospect Nolan Jones and catching prospect Boston Smith.Castillo, 33, was expendable in Seattle thanks to the Mariners' deep rotation, a gaggle of majors-ready prospects and the $24.1 million salary he’s due in 2027. He also hasn’t performed particularly well this season, posting a 5.06 ERA in 20 appearances (17 starts) this season.Yet Castillo is a three-time former All-Star who finished fifth in 2023 AL Cy Young award voting and as recently as last season pitched 180 innings. He’ll add length to a White Sox rotation that thins out after No. 1 starter Sean Burke and No. 2 Davis Martin. – Gabe LacquesFreddy Peralta experiment ends for MetsIt took David Stearns seven months to turn the No. 3 prospect in baseball into three players who don't crack anybody's top 100.In January, the Mets sent Jett Williams and Brandon Sproat to Milwaukee for Peralta and Tobias Myers. Williams was supposed to be part of the next contending Mets team. Instead, he's a Brewer, Peralta is a Ray and New York is last in the National League East.Stearns opened these talks asking for a top-100 prospect and more. He got none. He gave away any leverage he had by scratching Peralta on Friday, signaling he was about to hold a fire sale.– Kristie AckertCubs get Kevin GausmanKevin Gausman, 35, is 5-10 with a 4.38 ERA in 23 starts this season but has been one of the most consistent starters in baseball for the past half-decade, posting a 3.36 ERA from 2020-2025. A two-time All-Star, Gausman finished third in AL Cy Young voting in 2023.Toronto is receiving minor league outfielder Brett Bateman and infielder Ty Southisene in the trade.Gausman was stellar in the Blue Jays' 2025 postseason run, ultimately losing in Game 7 of the World Series to the Los Angeles Dodgers. Gausman started five games and also got the win in relief in Game 7 of the ALCS.– Jesse YomtovSkubal trade had nothing to do with moneyTarik Skubal is a Dodger, and perhaps more significantly the avatar for All That Is Wrong With Baseball, he and his new team the whipping boys for a looming lockout whether or not L.A. wins a seemingly inevitable third consecutive World Series title.The Dodgers are kicking everyone’s behinds in every facet of the game: Drafting, player development, scouting (which includes assessing internal talent) and providing a workplace where players want to be.– Gabe Lacques
