What happened: Tampa Bay acquired Freddy Peralta from New York for Aidan Smith, Gary Gill Hill and Émilien Pitre. Toronto added Jameson Taillon and cash from Chicago, while the Yankees' agreement for Luis García Jr. was reported.

Why it matters: The deadline is the final point for players on 40-man rosters to be traded, though outright waivers remain available afterward. Players must join an organization by Aug. 31 to retain postseason eligibility.

What to watch: Formal confirmation of the García agreement and additional transactions could follow before the cutoff.