As reported earlier today, No. 4 overall pick Brian Matusz signed a major league deal with the Orioles. The deal, which runs from 2009-13, includes a $3.2 million bonus and $2.825 million in big league salaries. However, the contract apparently contains a split salary structures that would provide Matusz with minimal minor league salaries should he not be on the active big league roster.
MLB values the total guaranteed money in the contract at $3,472,500—or just $272,500 above the bonus amount. MLB views the net present value of the deal as $3,264,408.
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