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Where have all the (1st round) draft picks gone?

Let’s go back roughly fifteen years ago. The year was 2003. The Reds finished the season 69-93, fifth in the NL Central, and had guys like Jimmy Haynes, Jose Guillen, and Austin Kearns manning the leaky ship that was the 2003 Cincinnati Reds. That same year the Reds drafted a right handed pitcher by the name of Ryan Wagner with the 16th overall pick. I can still remember it like it was yesterday. I remember watching the Reds game on TV, George Grande interviewing the savior of the franchise, Ryan Wagner, a few days after he was drafted and truly believing I was witnessing the initial sprout of a franchise rebound right in front of my eyes.