The Orioles have signed third overall pick Dylan Bundy, according to MLB.com's Brittany Ghiroli (on Twitter). BBI Sports Group represents the right-hander. Jeff Zrebiec of the Baltimore Sun hears (on Twitter) that Bundy got a big league deal and Jim Callis of Baseball America hears that it's worth $6.225MM (Twitter link). Ghiroli adds on Twitter that Bundy gets a $4MM bonus. Tim Dierkes explained Major League deals for draft picks earlier today.
In his senior season at Owasso High School, Bundy had an 11-0 record with a 0.20 ERA and 158 strikeouts and five walks in 71 innings. The 18-year-old also hit 11 homers en route to being named the Gatorade National Player of the Year. The Orioles signed his older brother, Bobby Bundy, after selecting him in the eighth round of the 2008 draft.
You can keep track of which top picks have signed with MLBTR's list.