The 22-year-old has had a solid 2026 season in MLS, scoring nine goals and providing two assists in his 20 games, 15 of which have been starts.
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According to The Athletic, Rangers have agreed a deal worth £9.5 million, plus add-ons for the Venezuela international.
Kelsy will now travel to Glasgow to sort final details, undergo a medical and complete the move when his visa arrives.
He is set to become Rangers’ second-most expensive transfer in history after the signing of Tore Andre Flo from Chelsea for £12m all the way in 2000.
The deal will also include a sell-on fee for the Portland Timbers.
