From Mark Sheldon's blog:
Jocketty also told me that the Reds and first round Draft pick, RHP Mike Leake, have drifted apart since he was optimistic last week that his signing could happen. Throwing a wrench into the works was that seventh overall pick, LHP Mike Minor, was signed by the Braves last week with a $2.42 million signing bonus -- it was over the slot recommendation.
"That didn't help us," Jocketty said. "We'll keep negotiating and hope we can get it done before the deadline. We are a reasonable amount apart. We've moved considerably and they haven't moved at all. We're still far apart."
The deadline to sign draft picks is 12:01 am ET on Aug. 18.