The Reds will officially sign first round pick Nick Travieso, Jonathan Mayo of MLB.com reports. Travieso, the 14th overall selection, will obtain a $2MM bonus.
MLB recommended a $2.375MM bonus for the 14th selection, so the Reds save toward their overall draft cap with the agreement. The high school right-hander has a fastball that touches 98 and a hard slider, Jim Callis of Baseball America tweets.