The Cincinnati Reds have made their second big signing on the international market this afternoon. Earlier today they agreed to terms with outfielder Cristian Olivo for $1,000,000. A little later this afternoon they agreed to terms with shortstop Miguel Hernandez for $650,000.

Hernandez is a 5′ 11″ and 155 lb shortstop out of Venezuela. Kiley McDaniel of Fangraphs ranked him as the 28th best prospect on the international market this year.

As the signing bonus suggests, he’s not quite as well regarded as Olivo, but he’s still a big signing for the organization. He’s going to have to add some good weight moving forward, but he’s still just 16-years-old and has plenty of time to add to his thin frame.

Scout like his approach at the plate and think he shows good pitch recognition. He is already able to use the entire field. There’s not much power in his bat and he doesn’t project for much. Defensively he looks like a guy who can remain in the middle infield in the long run.

On the first day of the July 2nd signing period the Reds have already spent $1.65M of their $2.873M pool, but it leaves them a whole lot of room to continue to make signings throughout the summer.