The New York Yankees pulled themselves out of the running for Eugenio Suárez, and now Jon Heyman believes the Chicago Cubs and Seattle Mariners are the leaders.

The annual MLB trade deadline not only impacts the final two months of the current season, but it also has a longer-lasting impact in the form of the prospect talent that is sent the other way by contenders.

The 2025 MLB trade deadline is Thursday, July 31 at 6 p.m. ET, but there will be plenty of trade talk and transactions that take place beforehand. Here are trade rumors around the sport:

From the Yankees to the Dodgers, the sport's biggest giants are among the clubs that need to take action ahead of the July 31 deadline.

Major League Baseball's trade deadline is scheduled for next Thursday, which means teams have less than a week to get their midsummer shopping done. The moves have already started, as the Mariners recently acquired Josh Naylor from the Diamondbacks while the Yankees acquired Ryan McMahon in a trade with the Rockies.

The Seattle Mariners lost on Friday night against the Los Angeles Angels, falling 3-2 in 10-innings. It was a tough loss for Seattle, as they fell to 4-4 since the All-Star break, but they remain in the second wild card spot in the American League,