Moss' signing comes soon after tentatively agreeing to a two-year contract with a Swiss club. The agreement allowed for a one-week out clause (calm down Coyotes fans) if he could come to terms with an NHL team.
The 32-year-old forward played mostly on Arizona's third line in his two-year tenure in the desert. He recorded eight goals and 22 points in 79 games last season.
"David is an intelligent, steady, reliable player who fits into our style of play," said general manager Don Maloney in the team's press release. "We are pleased David decided to resign with us in Arizona."
Moss is a solid penalty killer and possession player. He was on the ice for 40.3 percent of the Coyotes' short-handed ice time and had a +2.5 percent CorsiRel 5v5.
Plagued by a lowly 5.3 percent shooting percentage in 2013-14, nearly three percent off his career average, Moss seems primed for a bounce-back season.
For more on Moss, check out our better know a free agent series on the forward from earlier in the offseason.
UPDATE: Per Sarah McLellan of the Arizona Republic, the salary hit is pretty low: