Bracho elected to become a free agent Tuesday, Charlie Goldsmith of The Cincinnati Enquirer reports.
Cincinnati outrighted Bracho to Triple-A Louisville on Wednesday.
Bracho was designated for assignment by the Reds on Sunday.
The Reds selected Bracho's contract from Triple-A Louisville on Wednesday.
Bracho cleared waivers and was outrighted to Triple-A Louisville on Saturday.
Cincinnati designated Bracho for assignment Wednesday
Cincinnati selected the contract of Bracho from Triple-A Louisville on Sunday, Paige Leckie of MLB.com reports.
The Reds reassigned Bracho to minor-league camp Monday.
Bracho agreed to a minor-league contract with the Reds on Thursday that includes an invitation to major-league spring training.
Bracho was designated for assignment by Atlanta on Tuesday.