Baltimore Orioles 2024 MLB Draft Class Tracker: Signing Bonus, Signing Deadline

The 2024 MLB Draft is finally here. The three-day event begins tonight at 7 p.m. EST. The first round will be broadcast on ESPN and MLB Network, and subsequent rounds can be streamed on MLB.com.

We will keep this article continually updated as the picks come in and up until the 2024 signing deadline, complete with signing bonus information.

The MLB Draft works by assigning a slot value to each pick in rounds 1-10. Adding these individual slot values ​​together gives a team’s total bonus pool. Players in rounds 11-20 are assigned a combined slot value of $150,000, which does not count toward the bonus pool. However, if a team signs a player drafted in rounds 11-20 for more than $150,000, that excess is will are counted towards the bonus pool for rounds 1-10.

If a team exceeds its total bonus pool by 0-5%, it will be charged a 75% surcharge on the excess. Penalties increase incrementally as teams exceed 5% of the bonus pool, including losing draft picks at certain intervals. To date, no team has exceeded the 5% mark and lost draft picks this way.

Check out our evaluations of the Orioles’ five most recent first-round picks here!

Orioles 2024 signing bonus pool: $10,920,900

Round 1 (Pick 22 overall) – Vance Honeycutt, OF, University of North Carolina – (Slot value: $3,802,200)

Selection of incentives for potential promotions (32) – (Slot value: $2,835,400)

Round 2 (61) – (Slot value: $1,418,900)

Round 3 (97) – (Slot Value: $752,500)

Round 4 (127) – (Slot Value: $562,000)

Round 5 (160) – (Slot Value: $407,100)

Round 6 (189) – (Slot Value: $318,300)

Round 7 (219) – (Slot Value: $249,400)

Round 8 (249) – (Slot Value: $206,900)

Round 9 (279) – (Slot value: 189,000 USD)

Round 10 (309) – (Slot Value: $179,200)

Round 11 (339) –

Round 12 (369) –

Round 13 (399) –

Round 14 (429) –

Round 15 (459) –

Round 16 (489) –

Round 17 (519) –

Round 18 (549) –

Round 19 (579) –

Round 20 (609) –