Reports: Where Things Stand With a Cole Hamels Trade

After Saturday's magical no-hitter, the trade rumors have picked up for Phillies lefty Cole Hamels.

Dozens of scouts were on hand at Wrigley Field to watch the Phillies ace throw a 129-pitch no-hitter at baseballs most historic ballpark.

A day later, the talks have intensified.

According to multiple MLB insiders, Hamels is likely to be dealt by Friday's 4 p.m. non-waiver trade deadline.

FOX Sports Ken Rosenthal reports that "momentum is building" towards a deal and that offers have improved since his performance with teams offering less money and better prospects.

Jeff Passan of Yahoo! Sports then followed up with a tweet saying that the Texas Rangers are the favorite to land Hamels, according to "industry sentiment."

The Rangers are an interesting trade partner as Hamels cannot block a trade to Texas. The Rangers also possess the high rated prospects that the Phillies have long been looking for. The Rangers remain 4.5 games behind a wildcard birth, but the addition of Hamels could be just what they're in need of.

Jon Morosi followed up the Yahoo! report in saying that the Rangers and Phillies "remain in dialogue about a deal, but nothing is close at this hour."

The San Francisco Giants, Chicago Cubs, Boston Red Sox and New York Yankees are the other teams that are said to be interested in Hamels.

Story developing...