9:15pm: Dan Connolly of the Baltimore Sun quotes Orioles scouting director Gary Rajsich (on Twitter) as saying that talks between the two sides are still progressing.
7:57pm: Kevin Gausman, the No. 4 overall pick in this year's draft is unlikely to sign with the Orioles because his heart is still with Louisiana State University, writes Albert Buford of the New Orleans Times-Picayune:
"This is turning out to be a tough decision, but as of now my heart is still with LSU," Gausman said. "There are still things for me to accomplish as a Tiger. I still want to play in and win the College World Series, and with a lot of guys coming back next year I believe we can do it."
Gausman was the first pitcher taken in this year's draft, going ahead of fellow college righties Kyle Zimmer (Royals) and Mark Appel (Pirates). Earlier today, it was reported that Appel is also leaning toward returning to college for another season, rather than signing in Pittsburgh.
Electing to return to LSU would mean forgoing a sizeable bonus for Gausman. MLB's recommended bonus for the fourth overall pick in the draft is $4.2MM. If he does decide to return to LSU, the decision won't have as much to do with the Orioles as it would a desire to leave his mark on LSU baseball, writes Buford.