Reportedly draw fish (3)
I believe the answer is:
tai
'fish' is the definition.
(type of fish)
'reportedly draw' is the wordplay.
'reportedly' shows a homophone (sound like).
'draw' becomes 'tie' (synonyms).
'tie' is a homophone of 'TAI'.
(Other definitions for tai that I've seen before include "fish" , "sea bream" , "... chi, Chinese system of slow meditative exercise" .)