Phillies trade rumors: What’s the waiver trade deadline?

PHILADELPHIA, PA - MAY 22: General manager Matt Klentak of the Philadelphia Phillies talks to the media before a game against of the Colorado Rockies at Citizens Bank Park on May 22, 2017 in Philadelphia, Pennsylvania. (Photo by Rich Schultz/Getty Images)
PHILADELPHIA, PA - MAY 22: General manager Matt Klentak of the Philadelphia Phillies talks to the media before a game against of the Colorado Rockies at Citizens Bank Park on May 22, 2017 in Philadelphia, Pennsylvania. (Photo by Rich Schultz/Getty Images) /
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Despite July 31st passing the Phillies trade rumors won’t stop swirling with the waiver trade deadline still an option

Phillies general manager Matt Klentak shipped out four veteran players in July as the Phillies trade rumors and hot stove were burning for weeks.

Regardless of the deadline passing, there’s still a chance the team could move multiple players throughout the season. The Phillies now have the ability to place any player on their roster on revocable trade waivers. That player can be claimed by another team, and the team with the worst record that makes a claim has the exclusive trade rights to that player.

If the Phillies place a player such as Daniel Nava on revocable trade waivers before the August 31st deadline they have three options: trade Nava to the team awarded with the exclusive rights within 48 hours, send Nava to that same team without receiving compensation, or revoke the waiver and hold onto the player.

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If no team places a claim on the player, he’s free to be traded to any team in the league.

Technically the Phillies can make a trade in September, which is incredibly rare. The reason for the rarity is because any player acquired in a September trade can’t be used on a playoff roster.

So who could be placed on revocable trade waivers this month? Practically everyone from Tommy Joseph to Cesar Hernandez to Hector Neris. It’s a chance for Klentak to gauge the market not just this year but going into the offseason winter meetings.

Most likely a healthy Nava will be going to a team needing a bat off the bench for the late season stretch, and if an injury occurs in the American League to a designated hitter Tommy Joseph could open a role for Rhys Hoskins.

Next: Grade the Trades: How'd Klentak do this year?

More Phillies trade rumors will come about, and we’ll have them all for you here at TBOH and on Twitter @TBOH_FS.