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

The 2024 MLB Draft is finally here. The three-day event kicks off tonight at 7pm EST, with the first round being televised on ESPN and MLB Network, with the following rounds being available for streaming on MLB.com.

We'll keep this article updated as the picks roll in, and all the way through the 2024 signing deadline, complete with signing bonus information.

The way the MLB Draft works is that each of the picks in rounds 1-10 are assigned a slot value. Add up each of those individual slot values and you get a team's total bonus pool. Players in rounds 11-20 are assigned a common slot value of $150k, which does not count toward the bonus pool. However, if a team signs a player drafted in rounds 11-20 for more than $150k, that overage will be counted towards the bonus pool for rounds 1-10.

If a team exceeds their total bonus pool by 0-5%, they'll be taxed a 75% surcharge on the overage. Penalties become incrementally worse if teams exceed 5% of the bonus pool, including the loss of draft picks at certain intervals. To this point, no team has ever surpassed the 5% mark and lost draft picks this way.

Check out our grades on the 5 most recent Orioles' first round picks while you're here!

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

Orioles 2024 MLB Draft picks

Round 1 (pick 22 overall) - Vance Honeycutt, OF, Univ. North Carolina - (Slot value: $3,802,200)

Prospect Promotion Incentive Pick (32) - Griff O'Ferrall, SS, Univ. Virginia - (Slot value: $2,835,400)

Round 2 (61) - Ethan Anderson, C, Univ. Virginia - (Slot value: $1,418,900)

Round 3 (97) - Austin Overn, OF, Univ. Southern California - (Slot value: $752,500)

Round 4 (127) - Chase Allsup, P, Univ. Auburn - (Slot value: $562,000)

Round 5 (160) - Ryan Stafford, C, Univ. Cal Poly - (Slot value: $407,100)

Round 6 (189) - DJ Layton, SS, Charlotte Christian HS (NC) - (Slot value: $318,300)

Round 7 (219) - Carson Dorsey, P, Univ. Florida State - (Slot value: $249,400)

Round 8 (249) - Colin Tuft, C, Univ. Tulane - (Slot value: $206,900)

Round 9 (279) - Jack Crowder, P, Univ. Illinois - (Slot value: $189,000)

Round 10 (309) - Christian Rodriguez, P, Univ. Cal State Fullerton - (Slot Value: $179,200)

Round 11 (339) - Sebastian Gongora, P, Univ. Louisville

Round 12 (369) - Andrew Tess, C, Cavalry Christian (FL) HS

Round 13 (399) - Brandon Downer, P, Univ. Cal Baptist

Round 14 (429) - Cohen Achen, P, Lindsey Wilson College

Round 15 (459) - Carter Rustad, P, Univ. Missouri

Round 16 (489) - Nate George, OF, Minooka Community (IL) HS

Round 17 (519) - Iziah Salinas, P, Cowley County (KS) CC

Round 18 (549) - Michael Caldon, P, Felician College

Round 19 (579) - Braylon Whitaker, OF, Cox Mill (NC) HS

Round 20 (609) - Evan Yates, P, Univ. Cal State Fullerton