Justin Verlander and the Giants have agreed to terms on a one-year, $15 million contract pending a physical, a source told MLB.com’s Mark Feinsand on Tuesday. The club has not confirmed the move.

Verlander, who turns 42 next month, is just two seasons away from winning his third Cy Young Award with the Astros in 2022. After that season, he signed a two-year, $86.7 million contract with the Mets and was then sent back to Houston at the 2023 trade deadline.

A likely future Hall of Famer, Verlander is a former MVP, two-time ERA title winner and two-time World Series champion with the Astros. He suffered from shoulder and neck injuries last year and posted a 5.48 ERA in 17 starts, but the Giants are trading on his veteran club presence and playoff pedigree.

The Giants, under new president of baseball operations Buster Posey, were in the running for top free agent ace Corbin Burnes, who signed a six-year, $210 million contract with the division-rival D-Backs last month.

With most of their regular players off the field, the Giants opted for a short-term pact with Verlander, giving the club another established arm to play alongside Logan Webb and Robbie Ray in the rotation.

Despite coming off a down year, Verlander has a career ERA of 3.30 over 19 major league seasons and could serve as a valuable mentor to younger starters like Jordan Hicks, Kyle Harrison, Hayden Birdsong and Landen Roupp, all of them This includes San Francisco’s starting mix in 2025.

Posey and Verlander previously faced each other during the 2012 World Series, when the Giants defeated the Tigers in four games to win their second championship in three seasons. Verlander started Game 1 for Detroit but ended up allowing five runs over four innings, including two of Pablo Sandoval’s three homers.

Pete Alonso, Alex Bregman, Anthony Santander, Jurickson Profar and Ha-Seong Kim are among the most notable hitters still available on the open market, although signing Alonso, Bregman and Santander would cost a draft pick as they qualified Rejected offers in November.