11:39pm: BA's Jim Callis has the contract breakdown. Bill Shaikin and Dylan Hernandez of the L.A. Times have even further detail.
11:06pm: Baseball America's Aaron Fitt says Strasburg signed a Major League deal worth $15.67MM over four years. Despite all the fears of absurd demands from Boras, the Nationals did well here. Here's MLB.com's scouting report on the San Diego State righty.
11:04pm: This deal is close for $15MM, according to Yahoo's Tim Brown. Of course, the deadline has technically already passed so we're still awaiting word.
10:14pm: Time for a fresh post chronicling the Nationals' attempt to sign first overall pick and Scott Boras client Stephen Strasburg. The latest: SI's Jon Heyman says via Twitter that the Nats are upping their bid from $12.5MM.