The Mets obtain twelve-time All-Star 2B Roberto Alomar in an eight-player deal with the Indians. In addition to Alomar, New York also receives P Mike Bacsik and OF-1B Danny Peoples. Cleveland gets OF Matt Lawton and blue chip prospect Alex Escobar, P Jerrod Riggan, and pitching prospect Billy Traber.

The Rangers sign free agent P Jay Powell to a three-year contract.

The Blue Jays send SS Alex Gonzalez to the Cubs in exchange for P Felix Heredia and a player to be named.

The Cardinals sign free agent P Jason Isringhausen to a four-year contract.

2001 – The Astros sign free agent C Gregg Zaun to a two-year contract, the Braves sign 3B Vinny Castilla also to a two-year contract and the Yankees ink P Steve Karsay to a four-year deal.

Figures released by Major League Baseball show that the Milwaukee Brewers were baseball’s most profitable club‚ after revenue sharing‚ in 2001. Without revenue sharing‚ the Brewers were the fourth-most profitable team.

The Blue Jays trade closer Billy Koch to the A’s. In return‚ Toronto gets minor league 3B Eric Hinske and minor league P Justin Miller.

The Mets send 3B Robin Ventura to the Yankees in exchange for OF David Justice. It is the first deal between the two New York teams in eight years.

The Orioles sign free agent OF Brady Anderson to a one-year contract.

2001 – Major League Baseball reportedly gives John Henry permission to sell the Florida Marlins to Montreal Expos owner Jeffrey Loria. The Expos are expected to be either contracted or taken over by Major League Baseball‚ which would buy the team from Loria in case contraction is aborted‚ leaving him an opportunity to own the Marlins.