After losing star slugger Aaron Judge to the injured list with a flexor strain in his elbow, the New York Yankees are facing a tough decision on whether to buy or sell at Thursday's trade deadline.

The New York Yankees reportedly shopped the former MVP in trade talks amid fears that Aaron Judge was lost for the season.

Here's what you need to know about the trade deadline, including the top players on the trade block and what moves the Yankees and Mets have made so far. In years prior, it used to be set in stone on July 31 at 4 p.m. ET. According to MLB.com, the commissioner's office can set the deadline from a date range of July 28 and Aug. 3.

In his third MLB start, Yankees' right-hander Cam Schlittler lasted 4.1 innings, yielding three runs on seven hits and four walks, with five strikeouts, in a 4-2 loss to Tampa Bay.

The New York Yankees addressed their need at third base by trading for Ryan McMahon. However, they made sure to ask a former teammate of his about him first.

The Braves are sellers. But their injury-depleted starting rotation has forced them to spend the past couple days buying from the clearance rack. The Braves acquired Carlos Carrasco from the Yankees in exchange for cash or a player to be named later on Monday.

The New York Yankees acquired Devin Williams from the Milwaukee Brewers in the offseason. He has not been great this year, and the Yankees could be in the market for a new closer soon.

The New York Yankees are expected to replace their franchise shortstop after a brutal reaction from home fans.