The Red Sox made two small trades before this afternoon's deadline.
Kevin Pillar was dealt to the Rockies for a PTBNL and international slot money (with "cash considerations" on both sides). Josh Osich was traded to the Cubs for a PTBNL.
In the last 10 days, Chief Baseball Officer Chaim Bloom also traded relief pitchers Heath Hembree and Brandon Workman to the Phillies for pitchers Nick Pivetta and Connor Seabold and dealt Mitch Moreland to the Padres for minor league prospects Hudson Potts and Jeisson Rosario.
As far as the re-setting of possible luxury tax penalties on team payroll, Alex Speier explains:
MLB's luxury tax rates will reset for 2021 based on what teams spend in 2020.