There has been no word yet on what the Pirates will receive from the Astros. During the 2017 season, Cole posted a 4.26 ERA and 1.25 WHIP, while holding a 196:55 K:BB over 203 innings (33 starts).
The story, which revealed Cole was the team's top trade target previous year before it settled on Justin Verlander, also mentioned free agents Yu Darvish and Jake Arrieta as pieces the Astros could add.
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The Astros would hope that Cole bounces back to his form from 2013-2016 when he had a 3.23 ERA over 579 1/3 innings of work.
Pittsburgh selected Cole with the first overall pick in the 2011 draft.
Pirates right-hander Gerrit Cole delivers a pitch during the first inning against the St. Louis Cardinals on September 23, 2017 in Pittsburgh, Pennsylvania.
Cole's best season was in 2015, when he was named a MLB All-Star player, and the National League Pitcher of the Month in April.