Reds Sign Yonder Alonso, Yorman Rodriguez

11:30pm: The Reds also inked Venezuelan outfielder Yorman Rodriguez, according to a press release.

11:09pm:’s T.R. Sullivan says Alonso signed for $4.5MM.  John Manuel adds details: "$2MM bonus, $4.55MM guarantee" on a Major League deal.

10:40pm: Baseball America’s Jim Callis says the Reds have signed Alonso, most likely to a big league deal.  Terms are not yet known.

6:09pm: According to John Fay of the Cincinnati Enquirer, Reds GM Walt Jocketty has made his final offer to first-round pick Yonder Alonso.  Jocketty says Alonso backed down slightly for the first time today, so there is hope.

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