The Baseball Trade Deadline is July 31, 2007. Teams in Major League Baseball all allowed to trade players between each other up to the deadline without first having those players clear the waiver process. There are usually several blockbuster deals involving top players right at the deadline.
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References
Fast Facts
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Fact:
Teams have to submit all trades to the Commissioner's office no later than 4PM EST on July 31.
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Fact:
Trades are not official until approved by the Commissioner
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Fact:
Some trades are subject to players passing a physical
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Fact:
Teams that are in the race for the playoffs are referred to as "buyers"
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Fact:
Teams that are out of the race for the playoffs are referred to as "sellers"
