Aroldis Chapman has agreed to a five-year, $30 million deal with the Reds, confirmed by Jeff Passan via Twitter.
Chapman was a highly coveted left-hander out of Cuba. The Yankees and Red Sox were the first couple teams reported to have interest. He even met with Brian Cashman in October, but in the end it seems his high price tag was too much even for the Yankees (an idea some people still need to come to grips with).
It's unclear whether he'll begin 2010 in the majors, as the Yankees had stated he would have most likely began the year in the minors. After all, he's only 21 years old (according to his passport). If he does join the Reds this year, he'll go great alongside young guns Edinson Volquez and Johnny Queto (Rebecca Glass tweeted)