Brian Matusz is an Oriole. No terms were disclosed, but it appears that he signed a major league deal which immediately places him on the 40-man roster. Since he signed so late and the deal would require use of an option year for him to join an affiliate this year, he won't be pitching until the fall leagues. Assuming that's the case, he'll need to be on the major league club full-time by 2013 or the Orioles risk losing him to waivers. Considering that he is widely considered very close to the majors already, he would be a huge disappointment if he failed to meet that timeline. Now, wasn't all that angst over whether he would sign a little overdone?
UPDATE: The Sun is reporting that Matusz will get a $3.2 million signing bonus. That seems very reasonable for the fourth pick in the draft.