The 2024 MLB Draft has arrived, beginning tonight at 7pm EST. The first round will be broadcast on ESPN and MLB Network, with the subsequent rounds available for streaming on MLB.com.
We will update this article with each pick as they are made and continue to provide updates through the 2024 signing deadline, including details on signing bonuses.
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Here’s how the MLB Draft works: each pick in rounds 1-10 has an assigned slot value, which collectively forms a team’s total bonus pool. Players selected in rounds 11-20 have a common slot value of $150k, which does not count toward the bonus pool. However, if a team signs a player from rounds 11-20 for more than $150k, the excess will count toward the bonus pool for rounds 1-10.
If a team exceeds their total bonus pool by 0-5%, they will incur a 75% tax on the overage. Penalties increase for overages beyond 5%, including the loss of draft picks. So far, no team has exceeded the 5% threshold and lost draft picks as a result.
Check out our evaluations of 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) – (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)
– 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) –
