Reed was released by the Diamondbacks on Friday, JJ Cooper of Baseball America reports.
Reed was a lower-level sleeper from 2014 through 2016, but arm injuries struck and he never quite regained his prior form. He reached High-A in 2016 but never made it further than that level.
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Diamondbacks' Cody Reed: Strikes out 10 in Sunday's start
Rotowire
Reed covered seven innings for High-A Visalia on Sunday, giving up two runs on three hits and a walk while striking out 10 batters.
Since being promoted from Low-A Kane County in late May, Reed's production has taken a slight step back with Visalia, but his 3.53 ERA and 82:29 K:BB over 81.2 innings are more than respectable, considering the hitter-friendly confines of the California League. The 21-year-old lefty likely still remains a year or two away from reaching the big leagues, but his excellent size (6-foo-3, 245 pounds) and strikeout stuff give him the upside of a middle-of-the-rotation starter for the Diamondbacks down the road.
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Diamondbacks' Cody Reed: Delivers complete game for Low-A club
Rotowire
Reed tossed a complete-game three-hit shutout Thursday for Low-A Kane County, striking out nine batters and walking one.
After struggling upon moving up to High-A Visalia in 2016, Reed opened the season a rung lower on the minor-league level and his continued his mastery of the Midwest League. Reed has turned in a 1.08 ERA and 47:9 K:BB over 41.2 innings for Kane County while holding opponents to a .169 batting average. The 20-year-old should get another chance to prove himself in the California League by midseason.
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Diamondbacks' Cody Reed: Missing bats at Low-A
Rotowire
Reed has a 1.00 ERA, 1.33 WHIP and 11:5 K:BB in two starts for Low-A Kane County.
He missed the final seven weeks of the 2016 season with an undisclosed injury, but is back to game action this year. He really struggled after a promotion to High-A last season, but that could have been related to whatever injury ended his season. If he continues to miss bats at a high rate in Low-A, he should once again be tested with a promotion to High-A.
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Diamondbacks' Cody Reed: Promoted to High-A
Rotowire
Reed, 20, has been promoted to High-A and has a 3.00 ERA and 17:7 K:BB through 15 innings at this level.
Reed dominated Low-A prior to the promotion, posting a 1.82 ERA and 55:3 K:BB in 39.2 innings. The southpaw has already been a tad more wild at his new level, though the results have been nearly as impressive, even with the small sample size. Reed should make a huge jump in the prospect rankings if he continues to pitch like this.
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Diamondbacks' Cody Reed: Superior start to season at Low-A
Rotowire
Reed, 19, has a 0.78 ERA and 36:1 K:BB through 23 innings for Low-A Kane County.
Not to be confused with Cincinnati's Cody Reed, this version is younger and needs more time to develop. That being said, it is difficult to argue with the results thus far, and the K:BB is off the charts.