Iglesias signed

The Reds have signed Cuban right-handed pitcher Rasiel Iglesias to a seven-year contract through the 2020 season.

UPDATED: According to industry sources, the contract is worth $27 million and came with a $5 million signing bonus. It is a Major League contract and Iglesias will join the organization after working out issues with his visa.

“This was really a team effort in getting this deal done because it was a lengthy process,” Reds general manager Walt Jocketty said. “There were a lot of people involved and a lot of clubs involved.”

Iglesias, a 24-year-old reliever that is listed at 5-foot-11 and 165 pounds, threw for the big league scouts, including the Reds, last month in Haiti. Reds scouts that included Tony Arias, Mark Snipp and Miguel Machado returned to Haiti a second time to see him pitch again.

Although he is a reliever, the Reds believe he can be a starter.

“They felt he had four quality pitches,” Jocketty said. “They felt he could be a starter and be a starter very soon. They’ve seen him pitch several times three innings of relief and when we get him to the United States and a little bit stronger, we feel he’ll be a starter in the next year or so, hopefully.”

Iglesias defected from Cuba in November after a failed attempt in September.

More to come on MLB.com.


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How fast can they get him to major leagues so they can get rid of Hoover and (or) Ondrusik ?

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I think this means a future deal could now be made by the July 31st deadline for a hitter now.. someone on the pitching staff will be moved for Iglesias… I hope its for a big bat in LF batting 4th

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