Reuters

Jason Cole of Yahoo! Sports reports that the Miami Dolphins are “low-balling” free agent quarterback Matt Flynn in contract negotiations. The Dolphins’ thinking is apparently that Flynn wants so badly to play for head coach Joe Philbin, his offensive coordinator in Green Bay, that Flynn might be willing to settle for significantly less than market value.

Of course, market value for a quarterback with two career starts is ambiguous. Kevin Kolb signed a reported six-year, $65 million contract with the Cardinals last offseason after seven career starts. And that deal has already been considered for termination.

At the same time, the Dolphins don’t have much leverage. Top free agent target Peyton Manning resisted their overtures, and the quarterback market is otherwise devoid of franchise-caliber signal callers. Flynn is in a better spot, drawing interest from the Seattle Seahawks.

Could the Fins miss out on Peyton Manning, and Matt Flynn, too?

It certainly seems like they’re willing to take that risk.