I am seeing a lot of speculation about Miami being very interested in Manning if he becomes a FA. I think when making this decision, the risk vs reward is the key component. First off, obviously he must be cleared by the docs and be healthy enough to play. Sure, he could be " one big hit" from being done, but that can be said about every single player in the league. Of course, coming off two neck surgeries he is much more at risk for a career ending hit.
However, the other QBs that seem to be brought up have risks just as great. Matt Flynn, is he going to be elite? Now if Philibin says he wants to go all in for him I will completely trust in his decision, but until that happens I have to question Flynn as elite. Has he looked great in a small sample size? Sure. Is that enough to warrant a large contract...I dont know. Can he come in and play like a top 8 QB, one that we can get to the playoffs and win with? That is a major risk. Same goes for RGIII. Can he compete right now, or do we wait 2-3 years while our premium talent ages. Does he develop? All risks you have to weigh with their rewards. IMO I would rather take the risk on Manning if he is cleared to play. If he stays healthy, we are SB contenders for a few years..and I think that reward is worth it.
I guess the question is do you think the chance of Manning staying healthy is greater than the chance of Flynn becoming Elite...or RGIII becoming worth the compensation we would have to give up for him? Its a tough call...but I think Philibin is the best candidate to make that call..at least in regard to Flynn.