Trades can still happen until like the end of August. Difference is that all players being traded need to clear waivers. So it's tough to make a deal unless you're willing to take on a pile of salary. But it has been known to happen in the past as the Jays traded Jeff Kent for David Cone when waivers were in effect. How they got that trade through I have no idea.
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"Some guys like old balls"
Patriots QB Tom Brady
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