The Yankees and Pirates are reportedly "nowhere" near a deal that would be centered around RHP Gerrit Cole, according to reporter Bob Klapisch.
New York and Pittsburgh have been engaged in trade talks for weeks, and the Yankees have been interested in acquiring Cole since last year's trade deadline, however while both sides had previously expressed confidence a deal could be completed, according to Yahoo! Sports' Jeff Passan, talks have cooled.
The Pirates had reportedly asked the Yankees about top infield prospect Gleyber Torres, however the Yankees had reportedly preferred 23-year-old outfielder Clint Frazier being the centerpiece of the trade. New York likely would have needed to trade another prospect as well in a deal, whether it be third baseman Miguel Andujar or RHP Chance Adams.