The Rangers officially signed Vladimir Guerrero to a one year, $5MM deal with a mutual option for 2011 today. Earlier in the week SI.com's Jon Heyman reported that the two sides were in "serious talks" about a deal worth $5MM with incentives. MLB.com's T.R. Sullivan first reported the agreement and Evan Grant of the Dallas Morning News added the specifics, noting that Vlad can earn more by reaching certain incentives.
Guerrero, 35 in February, is a career .321/.386/.568 hitter, though he's tailed off in recent years and had the least productive full season of his career in 2009. Vlad has hit .394/.471/.705 in over 220 plate appearances at the Ballpark in Arlington, though it'd be dangerous to make assumptions based on that sample.
Vlad, who only played in the outfield twice last year, was a defensive liability in each of the three seasons preceding 2009, so he'll serve as the club's primary designated hitter.
Ben Nicholson-Smith and Tim Dierkes contributed to this post.