NFL Free Agency Rumors: The Latest Buzz Surrounding Matt Flynn

Matt Flynn spent time in Seattle with the Seahawks on Friday but is now in Miami with the Dolphins, according to NFL Network's Jason LaCanfora.

After Peyton Manning ruled out Miami as his potential new home, the Dolphins are in desperation mode to acquire Flynn opposed to drafting a rookie next month.

It comes as no surprise that Flynn is meeting with the Dolphins. The Dolphins don't appear to believe that Matt Moore is a potential long-term option, while Flynn is a former player of new Dolphins head coach Joe Philbin.

Philbin was the quarterbacks coach in Green Bay with the Packers when Flynn broke the Packers' franchise record for passing yards in a game at the end of last season.

Despite that recording breaking performance, Doug Farrar of Yahoo! Sports now believes that Flynn won't receive the lucrative free agent deal many expected him to at first:

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"Then, two things happened: One, Peyton Manning hit the open market and seemed to be a lot healthier than expected. Two, the Arizona Cardinals prepared to go after Manning, and didn't seem to care if they pushed quarterback Kevin Kolb aside in the process. The first factor pushed Flynn down the food chain, and the second factor made teams a bit more cautious about taking a huge financial chance on a relatively unproven quarterback."

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A colleague of Farrar's, Yahoo!'s Jason Cole, has reported that the Dolphins are low-balling Flynn,

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"Matt Flynn still wants to sign with the Dolphins, but the team is low-balling the offer, thinking he'll take it just to play for Philbin."

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Cole even estimates what type of figures Flynn could see coming his way.

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"Good guess is that $8m/yr could get Flynn deal done, maybe even $7m. Given cost of QBs, that's reasonable. Kolb was more. Cost of bizness."

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There is no doubt that Manning has stolen Matt Flynn's thunder from this free agency period. With Manning supposedly going to announce his decision early next week, don't expect too much to get done with Flynn this weekend.

In fact, right now it seems like very little is happening with anyone.