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Generally, trades like this are done to delay the final disposition of the trade to base the 'player to be named later' on how well the other player in the trade performed and/or what positions need help on the team receiving the player to be named later. There are two provisions to this type of trade. The player to be named later must be selected within six months of the trade and must be a player in the other league. However, the player to be named later may also be a minor leaguer and in most cases, is a minor leaguer. If the teams cannot agree on who the player to be named later will be, they can agreed to a financial compensation.

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Q: In Baseball trade talk what does the expression a player to be named later mean?
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