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Orioles sign top draft pick Colton Cowser, the No. 5 overall selection

The team announced Saturday that it signed Sam Houston outfielder Colton Cowser, the No. 5 overall pick in last weekend’s Major League Baseball draft.

Cowser, 21, signed for $4.9 million, according to MLB Network, below the slot value of $6,180,700. The Orioles also signed second-round pick Connor Norby, a second baseman from East Carolina, on Friday for $1.7 million, below the slot of $1.81 million recommended for the pick. The Orioles can transfer those savings on to bonuses for their other draft picks.

By taking Cowser, the Orioles selected a college position player in the first round for the third straight season and an outfielder for the second year in a row.