According to an industry source, the Red Sox have reached agreement with Cuban outfielder Rusney Castillo on a seven-year, $72.5 million deal that will take effect starting in 2014 and run through 2020.

Earlier this week, Red Sox GM Ben Cherington acknowledged that the Red Sox had worked out the 27-year-old (Cherington himself attended the workout) and had talked to him, but didnt elaborate.

‘Hes a player weve seen and we've talked to, but were just one of several teams that have done that' Cherington said Tuesday at Fenway Park. ‘Theres nothing more I can say.’

The 5-foot-9 Castillo is viewed as a player with elite speed that allows him to be a game-changer on the bases and also permits him considerable range in the outfield, where he can play center or right. He also shows the ability to impact the ball as a line-drive/gap hitter.