This to-be-determined player is included as part of a trade when two or more general managers making the trade can't immediately agree on which player they want or which player they're willing to lose, or when a player is not eligible to be traded until a later point in time. In some trades, one of the components is a "player to be named later" which usually turns out to be a minor league player. Additionally, some players negotiate to have no-trade clauses in their contracts that have the same effect.
BASEBALL TRANSACTIONS FULL
If a player has been on an active major league roster for ten full seasons and on one team for the last five, he may not be traded to another team without his consent (known as the 10/5 rule). Unlike in the NFL, NHL and the NBA, teams may not trade draft choices. Players acquired after August 31 are ineligible for the postseason roster, unless they replace an injured player. In August, trades may only be made after all players in the trade clear waivers or are not on 40-man rosters.
From the end of the previous World Series through July, trades between two or more major league teams may freely occur at any time. Teams may trade only players currently under contract, except those players who have been drafted in the last year. From September 1 through the end of the regular season, active rosters are expanded to a limit of 40 players thus, clubs may freely add any of these 15 players to its active roster, giving them the opportunity to play in the major leagues near the end of the season. The 40-man roster includes the 25-man roster plus players in the minor leagues as well as players on the 15-day disabled list (see below). The 25-man roster is the list of eligible players who may play in a game. Each Major League Baseball team maintains both a 25-man roster and a 40-man roster of players, year-round.
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