What happened: General manager Josh Byrnes characterized the decision to send Seth Halvorsen to Los Angeles as a long-term baseball trade. The executive noted the organization is prioritizing future flexibility and low financial commitments into next year.

Why it matters: The Dodgers have a proven track record of refining hard-throwing arms with control issues. Byrnes specifically cited the progress of Los Angeles relievers Will Klein, Edgardo Henriquez, and Kyle Hurt as examples of that development pipeline.

What to watch: The Rockies will continue to evaluate the market for transactions involving financial components ahead of the cutoff.