With rookie quarterback Russell Wilson firmly entrenched as the team's starter, Flynn has become nothing more than a high-priced backup.
Flynn is due a base salary of $5.25 million in 2013 and $6.25 million in 2014. And with a few holes to fill—namely at wide receiver and on the offensive line—the Seahawks will need all the cap space they can manage to continue loading the roster with high-impact players.
Really, the situation Pete Carroll's crew finds itself in isn't unlike the one the San Francisco 49ers are in right now with Colin Kaepernick and Alex Smith.
Wilson is the future of this team. Flynn was brought in to be the team's starter in March, and nobody really expected Wilson to be ready to play right off the bat. Then, Wilson blew the hinges off the competition through training camp and during the preseason, forcing Carroll's hand.
It turned out to be the right move, too.
Wilson has the benefit of one of the NFL's top defenses and running games, but he's proven to be more than capable of making the right throws when the pressure is on, and he has been taking excellent care of the football during the second half of the season.
The Seahawks' only course of action at this point is to get a draft pick or two for Flynn after this season to further build the franchise through the draft.
God knows, there are a few teams that are desperate for a starting quarterback, and this year's draft class is frighteningly thin at the quarterback position.
There'll be some takers if the team dangles his name out on the trade block. If they receive an offer they deem worthy, the Seahawks will be able to sign a backup like Jason Campbell or Chad Henne for a fraction of the cost due to Flynn in 2013.
Strike while the iron's hot, wise men have been saying for eons; the Seahawks need to follow that advise as it pertains to Flynn.