MLB Rumors: Gerrit Cole Expecting Initial Offers in Coming Days

It likely won't be long until Gerrit Cole receives a number of initial offers from potential suitors. According to ESPN's Jeff Passan, the Cole sweepstakes is moving to the point where teams will be making their first-pass offer in the coming days.

The Yankees, Angels and Dodgers remain the favorites to sign the former Astros star, according to Passan. Earlier this week, it was reported that the Yankees met with Gerrit Cole in California on Tuesday and have made signing him "their clear offseason priority."

Passan notes that New York has "ownership-level approval to offer him a record-setting deal."

Here are the latest news and rumors around baseball:

• The Rangers are looking to sign third…