The Reds will sign first-round catcher Yasmani Grandal to a major league deal worth $2.99MM, according to MLB.com's Jonathan Mayo. Jon Heyman of SI.com also hears that Grandal will sign for $2.9MM (Twitter link). The University of Miami product becomes the first 2010 draftee to sign a major league deal and will receive a 40-man roster spot.
Grandal, still just 21, played on the 2009 USA Baseball national team. The Red Sox drafted him in the 27th round of the 2007 draft, but he did not sign.