The Dolphins are so desperate, after losing out on Peyton Manning and Matt Flynn, that they're now willing to significantly overpay a borderline NFL starter at near the level of franchise quarterback money. Flynn only got $6.33M annually from the Seahawks. Smith isn't as physically talented as incumbent Dolphins starter Matt Moore, and he's certainly not worth more than Flynn. At this point, it's almost as if the Fins are trying to sign a quarterback, just to sign a quarterback.