According to Jon Morosi, the trade is imminent and has been gaining momentum since yesterday. Pittsburgh's return for the pitcher has yet to be revealed.
It was not immediately clear who the Astros will trade for Cole.
The teams have not announced the deal, and Cole has reportedly yet to be informed of the trade, so there is still a lot to get done. Passan did note that "generally, this sort of thing winds up with a deal being consummated". For his career, he is 59-42 with a 3.50 ERA.
Pirates right-hander Gerrit Cole delivers a pitch during the first inning against the St. Louis Cardinals on September 23, 2017 in Pittsburgh, Pennsylvania. The former All-Star's best season came back in 2015 when he posted a 19-8 record with a 2.60 ERA en route to finishing in the top five in Cy Young voting.
Cole also contributed to Pittsburgh's 2013 postseason run, making two October starts as a rookie.
However, the right-handed hurler has slipped some in recent years.
Although Cole is coming off a mediocre season, the Yankees likely believed they could transform him into a strong starter by having the 27-year-old rely less on his fastball and more on his off-speed pitches.
When the Houston Astros won the World Series, people weren't just celebrating in Houston.