CBS Sports says the deal is place:
https://www.cbssports.com/mlb/news/jackson-holliday-and-druw-jones-top-picks-in-2022-mlb-draft-have-contractual-agreements-in-place-per-report/
Holliday, a prep shortstop from Oklahoma and the son of former All-Star outfielder Matt Holliday, was selected No. 1 by the Baltimore Orioles. The slot value, as ordained by MLB, has that pick worth $8.84 million.