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Tigers signing veteran left-handed pitcher Matt Moore

The Tigers have dipped their toes into the free-agent pool.

The Tigers have agreed to terms on a one-year contract with left-handed pitcher Matt Moore, according to a source with knowledge of the situation. The source requested anonymity because the deal is pending a physical.

Yahoo! Sports' Jeff Passan was first to reporrt the news. Passan reported that the deal is worth between $2 million and $3 million, pending a physical. MLB's Mark Feinsand said there will be incentives.

It's the first free-agent acquisition this offseason for the rebuilding Tigers, coming off back-to-back 94-loss seasons.

Moore, 29, once was one of the most highly acclaimed prospects in baseball, when he was coming up with the Tampa Bay Rays.