Jan 10, 2010 1:11 AM EST

The Rangers have agreed to terms with Vladimir Guerrero on a one-year deal with a mutual option for a second year, according to sources.

Guerrero is guaranteed $6M in the deal, which is pending a physical. It includes $5M plus performance incentives for 2010 and a $1M buyout if the Rangers don't pick up the option, a source said.

Via ESPN.com