Reds optioned RHP Raisel Iglesias to the Gulf Coast League Reds.
Reds signed RHP Raisel Iglesias to a seven-year, $27 million contract.
FOX Sports' Jon Morosi reports that the Reds are "close" to signing Cuban reliever Raicel Iglesias.
Ben Badler of Baseball America was told by a Reds official Monday that the team does not have a deal in place with Cuban right-hander Raicel Iglesias.
According to Max Wildstein of Call to the Pen, Cuban right-hander Raicel Iglesias is nearing a deal with the Reds worth $15 million over five or six years.
Cuban right-hander Raicel Iglesias will have a showcase for major league teams in Haiti on Friday.
Andrew Baggarly of CSN Bay Area reports that the Giants will have representatives on hand to see Cuban right-handers Raicel Iglesias and Odrisamer Despaigne during their showcase in Mexico.
Cuban right-hander Raicel Iglesias has successfully defected from his country and is currently in Mexico.