According to Jon Morosi, the trade is imminent and has been gaining momentum since yesterday.
Cole, 27, has two years remaining before free agency and was coveted by multiple teams - most notably the New York Yankees, who gained traction on a deal for Cole near the holidays before talks cooled.
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 12-12 with a 4.26 ERA and 196 strikeouts in 203.0 inning pitched in 2017. He helped lead the Pirates to the postseason, but he coughed up four earned runs in five innings during a loss against the Chicago Cubs in the National League Wild Card Game. Cole is coming off a rough season in which he surrendered a career-high 31 homers.
The Pirates aren't realistic World Series contenders this year, so any return pieces will help restock the organization as it builds toward the future.
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