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Chris Antonetti on trade market evolution: “Teams are starting to value players similarly.”

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The baseball transaction landscape has certainly changed, even in just this past decade. The best players used to be available in free agency, but now that teams are signing their young, talented players to long-term contract extensions, these players typically don’t reach free agency until around age 30 — a bit past their prime. We’re also not seeing as many trades as we used to years ago.

Chris Antonetti, Indians president of baseball operations, has some thoughts on how the trade market has evolved. Via MLB.com’s Jordan Bastian:

There has been an evolution in trades over the course of the last 10 years or so, where there’s a lot more information on players across organizations. And I think what we’ve seen is teams are starting to value players similarly. And, when that happens, it can make it a little more difficult to find matches on trades, when one of the things that leads trades to happen is you have different evaluations of a player. One team may value a player a certain way and another team values him differently, and there’s an opportunity to overlap. Those types of trades are becoming a little bit less common than they would in the past. Now trades happen when there are just areas of surplus or areas where one team may have a surplus in a place and another team may have a deficit. You can match up there. Or, you can match up where maybe teams aren’t valuing present-year wins as they are future-year wins — teams that might be rebuilding — and you can match up on trading with teams that have different priorities on different time horizons.

That, of course, makes perfect sense. Analytics have become ubiquitous in front offices across baseball and the only variation really comes from the techniques used to gather the data and the weight given to certain types of data. Before a team invested in analytics, another stats-savvy team might have been able to work a trade — for instance — for a pitcher coming off a bad season but with an abnormally high batting average on balls in play. But that pitcher’s team now knows to expect mean regression, so that team will no longer give up the player for less than market value. That’s at least one type of trade that has become increasingly rarer in recent years.

Once a counterculture, Sabermetrics has become the establishment. With most teams approaching the game similarly, these front office types must find their edges — or, to use Moneyball lingo, market inefficiencies — in new ways.

Dodgers acquire Manny Machado from Orioles for five minor leaguers

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The Orioles and Dodgers finally completed the trade involving Manny Machado, ESPN’s Jerry Crasnick reports. The Orioles will receive five prospects from the Dodgers: Yusniel Diaz, Dean Kremer, Zach Pop, Rylan Bannon, and Breyvic Valera.

Machado, 26, is in the final year of his contract, so this is currently a rental for the first-place Dodgers. Machado ended the first half batting .315/.387/.575 with 24 home runs, 65 RBI, 48 runs scored, and eight stolen bases in 413 plate appearances. In Los Angeles, he will handle shortstop, allowing Chris Taylor to move over to second base.

MLB Pipeline rated Diaz as the Dodgers’ No. 4 prospect and No. 84 across baseball. Kremer was No. 27 in the Dodgers’ system and Bannon was No. 28.

Diaz, 21, is considered the centerpiece of the trade. The outfielder hit .314/.428/.477 with 20 extra-base hits, 30 RBI, and 36 runs scored in 264 plate appearances at Double-A Tulsa this season.

Kremer, 22, was selected by the Dodgers in the 14th round of the 2016 draft. He spent most of his season with High-A Rancho Cucamonga before earning a promotion to Tulsa earlier this month. Overall, in 17 starts, the right-hander posted a 3.03 ERA with a 125/29 K/BB ratio in 86 innings.

Pop, 21, was selected by the Dodgers in the seventh round of the 2017 draft. He has spent his season between Rancho Cucamonga and Single-A Great Lakes. Overall, he compiled a 1.04 ERA with 47 strikeouts and 13 walks in 43 1/3 innings of relief.

Bannon, 22, was selected by the Dodgers in the eighth round of the 2017 draft. With Rancho Cucamonga this season, the infielder batted .296/.402/.559 with 20 home runs and 61 RBI in 403 PA.

Valera, 26, has appeared in 20 games at the major league level for the Dodgers this season, batting a meager .172 with a .445 OPS in 34 PA. Valera has versatility, having played second base, third base, and corner outfield this year while also having experience in center field, shortstop, and first base.