Headlines

  • Bobby Jenks Passes Away
  • Braves Release Alex Verdugo
  • Clarke Schmidt Expected To Undergo Tommy John Surgery
  • Top 40 Trade Candidates For The 2025 Deadline
  • Rays Reinstate Ha-Seong Kim
  • Yankees Have Shown Interest In Ryan McMahon
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Houston Astros
      • Los Angeles Angels
      • Oakland Athletics
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2025 Trade Deadline Outlook Series
    • 2025-26 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

Reds Sign Raisel Iglesias To Seven-Year Deal

By Steve Adams | June 27, 2014 at 3:28pm CDT

The Reds announced that they have signed Cuban right-hander Raisel Iglesias to a seven-year contract. The deal will guarantee Iglesias $27MM (including a signing bonus in the range of $5MM to $6MM) once he obtains a work visa. It also allows him to opt into arbitration if he becomes eligible. While the deal is for seven years, Iglesias’ free agency will not be delayed, as one of those years includes the 2014 season, during which he will not accrue a full year of service time anyway.

Iglesias, who is represented by Bart Hernandez and Praver Shapiro Sports Management, was said last week to be nearing a deal with the Reds. At the time, Jon Paul Morosi of FOX Sports relayed a report from Cuban baseball expert Peter Bjarkman, who has seen the 24-year-old Iglesias pitch extensively and thinks he could be in the Majors after just a month or so in the minor leagues (Twitter links).

Iglesias’ name has been on the rumor circuit for months following his defection from Cuba last November (after one previous failed attempt). Ben Badler of Baseball America provides a scouting report on the 5’11, 165 lb righty, noting that he pitched at 88-92 mph in the 2013 World Baseball Classic but had pitched more in the 92-95 mph range in previous international tournaments. Iglesias also features a sweeping breaking ball in the 76-81 mph range, per Badler.

The 24-year-old Iglesias’ stats are available over at ObstructedView.com, which shows that in his past 82 2/3 innings in Cuba’s Serie Nacional, he posted a 3.05 ERA with a 74-to-30 K/BB ratio (five of those walks were intentional). His new contract means that he will be controlled through the 2020 season.

Most evaluators peg Iglesias as a quick-to-the-Majors bullpen arm, but the report of MLB.com’s Mark Sheldon notes that the Reds believe he is capable of starting. According to a tweet from MLB.com’s Jesse Sanchez, Iglesias has added a changeup and otherwise tightened up his offerings. Cincinnati held a similar belief about fellow Cuban signee Aroldis Chapman before eventually settling Chapman into the closer’s role, where he has become arguably the best reliever in baseball. The club has also used several valuable draft picks on college relievers with the intention of trying them as starters, such as Tony Cingrani, Michael Lorenzen, and Nick Howard.

Depending on the annual salary structure and his ultimate usage, the ability to go to arbitration could convey a good bit of upside to Iglesias. Certainly, he would have greater earning capacity if he is used a starter or closer. Sheldon tweets that Iglesias will take the 40-man roster spot of Roger Bernadina, who was designated for assignment earlier this week.

MLB.com’s Mark Sheldon and colleague Jesse Sanchez (via Twitter) reported the financial details of the deal. Jon Heyman of CBSSports.com tweeted that that Iglesias could opt into arbitration. 

Share 22 Retweet 61 Send via email2

Cincinnati Reds Newsstand Transactions Raisel Iglesias

Vote On A’s New Coliseum Lease Canceled
Main
Phillies Designate Zach Collier For Assignment
View Comments (0)
Post a Comment

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

    Top Stories

    Bobby Jenks Passes Away

    Braves Release Alex Verdugo

    Clarke Schmidt Expected To Undergo Tommy John Surgery

    Top 40 Trade Candidates For The 2025 Deadline

    Rays Reinstate Ha-Seong Kim

    Yankees Have Shown Interest In Ryan McMahon

    Brandon Woodruff To Start For Brewers On Sunday

    Royals Interested In Bryan Reynolds

    Rangers Option Josh Jung

    Kevin Pillar Announces Retirement

    Braves Place Spencer Schwellenbach On IL With Elbow Fracture

    Giants Exercise 2026 Option On Manager Bob Melvin

    Yordan Alvarez Shut Down Due To Setback With Hand Injury

    Astros Place Jeremy Peña On Injured List With Fractured Rib

    Tucker Barnhart To Retire

    Tyler Mahle To Be Sidelined Beyond Trade Deadline

    Reds Release Jeimer Candelario

    Dave Parker Passes Away

    Griffin Canning Diagnosed With Ruptured Achilles

    Pirates Reportedly Have Very Few Untouchable Players At Trade Deadline

    Recent

    Buddy Kennedy Elects Free Agency

    Giants Place Erik Miller On IL, Select Scott Alexander

    Yankees Sign Jeimer Candelario To Minor League Deal

    Giants Activate Matt Chapman, DFA Sergio Alcantara

    Nationals Reinstate Mason Thompson From 60-Day IL

    Bobby Jenks Passes Away

    Rangers To Sign Rowdy Tellez To Minor League Deal

    Yankees Likely To Promote Cam Schlittler

    Astros Sign Hector Neris

    Dodgers Not Planning To Add Third Base Help Before Deadline

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Sandy Alcantara Rumors
    • Luis Robert Rumors
    • Alex Bregman Rumors

     

    Trade Rumors App for iOS and Android App Store Google Play

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • Front Office Originals
    • Front Office Fantasy Baseball
    • MLBTR Podcast
    • Trade Deadline Outlook Series
    • 2025-26 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    Do not Sell or Share My Personal Information

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version