Fox Sports is reporting that former Reds OF Mike Cameron and the Milwaukee Brewers have agreed to a one-year, $7 million contract that includes performance bonuses as well as a club option for 2009.

Which I find hilarious, considering that Cameron will start the season on a 25-game suspension for testing positive for a banned substance, and considering that the Brewers were already getting numbers similar to the .242/.328/.431 Cameron put up for the Padres last season from their own Gabe Gross (.235/.329/.437) for a fraction of that money.

Meanwhile, the Texas Rangers added another former Red to their own collection, signing “Everyday” Eddie Guardado to a one-year contract featuring a $2 million base salary with another $4 million available in incentives.

That move at least makes some sense to me. If the season started today, the Rangers’ closer would probably be C.J. Wilson, the guy who inherited the role last season after Texas traded Eric Gagne. Wilson, however, was not a closer before that, and has only been in the majors for three years. He’d have to be considered closer to Travis Wilson than Don Wilson at this point. If Guardado’s arm is healthy, the Rangers at least have some relatively cheap (bearing in mind that they were paying Gagne $6 million last year) insurance, just in case Wilson ducks into a phone booth and turns into R.A. Dickey.