How much is Matt Flynn worth?

The Miami Dolphins were kicked out of the Peyton Manning sweepstakes. But they reportedly have gone to the top of the list for another free-agent quarterback.

ESPN's Chris Mortensen and Adam Schefter report Miami has the inside track to land former Green Bay Packers quarterback Matt Flynn. He has just two career starts but played well in limited time and has ties to Miami head coach Joe Philbin, who is Flynn's former offensive coordinator in Green Bay.

Miami's pursuit of Manning made sense. He is a proven commodity who could single-handedly change the fortune of the franchise. Flynn is an unknown. But the Dolphins are confident they have a good feel for Flynn's abilities via Philbin's knowledge.

Flynn is visiting with the Seattle Seahawks and is expected to meet with the Dolphins next. There's no doubt Flynn's reps will try to use Seattle and Miami against each other for financial leverage.

While we're on the topic of money, how much should the Dolphins offer to pay Flynn?

Other quarterbacks such as Ryan Fitzpatrick of the Buffalo Bills and Mark Sanchez of the New York Jets are getting contract extensions close to $60 million. Is Flynn, who has two career starts, worth equal or more to Miami? Should the Dolphins offer $40 million or $50 million instead?

Money -- and perhaps a great offer from Seattle -- seems to be the only thing in the way of Flynn joining the Dolphins. There is definitely mutual interest.