MLB Rumors: Astros To Land Gerrit Cole In Trade Despite Yankees' Interest

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MLB Network reporter Jon Morosi said in a series of tweets that the clubs reached an agreement, and are working to beat Friday's trading deadline. Pittsburgh's return for the pitcher has yet to be revealed.

The report comes after weeks of speculation that Cole could be headed to the New York Yankees. Passan did note that "generally, this sort of thing winds up with a deal being consummated".

Cole has a 59-42 record and career 3.50 ERA with the Pirates, and has recorded 734 strikeouts.

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The Yankees were also considered to be interested in Cole's services but contract talks with the Pirates fell off and never resumed. He was an all-star in 2015.

Cole also contributed to Pittsburgh's 2013 postseason run, making two October starts as a rookie.

Acquiring Cole would bolster the Astros' already stellar starting rotation, as Justin Verlander, Dallas Keuchel, Lance McCullers Jr. and Charlie Morton all are under contract for the defending World Series champions in 2018. It's less clear how badly the Pirates need outfield prospects given the presence of Austin Meadows, Starling Marte and Gregory Polanco.

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