FRIDAY, 2:15pm: The Reds have a deal with Perez, despite Jocketty's comments, according to Badler.
TUESDAY, 4:11 pm: Reds GM Walt Jocketty told Tom Groeschen of the Cincinnati Enquirer there's no agreement as far as he knows. "And I’m sure I would have known about it,” Jocketty added.
2:24 pm: The Reds signed 16-year-old Venezuelan righty Jonathan Perez for $825K, reports Baseball America's Ben Badler.
BA's scouting report says Perez has a projectable body that will allow him to add velocity, although he's already touched 92. His curveball and changeup need polish, but that's to be expected for someone his age.
Venezuela's top July 2nd pitching prospect, Victor Sanchez, remains unsigned. To follow all the rumors on Venezuelan ballplayers in Spanish, check out our peloteros venezolanos category over at Rumores de Béisbol.