Veteran right-hander Cobb is set to be traded from the San Francisco Giants to the Cleveland Guardians pending finalization.
Cobb, who has been recovering from a hip surgery, faced delays due to shoulder and blister issues but is nearing a return to the field.
The trade involves the Guardians sending minor league lefty Jacob Bresnahan and a player to be named later to the Giants as part of the deal.
Cobb is in the final season of his contract, initially a two-year, $20MM deal that extended to three years, $28MM after the Giants exercised a $10MM club option instead of a $2MM buyout.
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