The Miami Dolphins won't have to spend the offseason searching for a backup quarterback.
On Friday morning Matt Moore signed a two-year deal worth $8 million with the Dolphins according to a league source.
"Matt has been a valuable contributor to the Dolphins ever since he arrived two seasons ago," said Dolphins General Manager Jeff Ireland. "We are happy we were able to re-sign him, and we think he combines with Ryan Tannehill and Pat Devlin to give us an outstanding group of quarterbacks.”
"FINS UP!!!!" Moore tweeted once the deal got finalized. "Big thanks to all the Fins fans! Fired up."
The Dolphins were expected to lose Moore to free agency because he was viewed as the top quarterback on the market, which happens to be thin. But it appears few teams wanted to give him an opportunity to compete for a starting spot.
Moore, who has a 13-12 record in his career as a starter, has produced an impressive 91.8 quarterback rating during his time with the Dolphins. That run includes the 2011 season, where he was voted as the team's MVP for the impressive season he put together as Miami's starter the final 12 games.
His steadying presence, which produced a 87.1 quarterback rating in Miami, helps the Dolphins rebound from an 0-7 start. With Moore as Miami's starter the Dolphins won six of the season's final nine games.
Earlier this offseason, Moore said he was looking for a team that would allow him the opportunity to compete for a starting spot. The Dolphins have too much invested in 2012 first-round pick Ryan Tannehill to turn back. But it appears the six-year veteran liked his situation in Miami enough to re-sign.
He'll likely retain his spot as Tannehill's primary backup, and Pat Devlin will likely remain the No. 3.
Moore becomes the third Dolphins free agent Ireland has retained.
Receiver Brian Hartline signed a five-year deal worth $30.7 million Thursday morning, and the team placed the franchise tag on Randy Starks earlier this week, but his tender hasn't been signed, which provides the Dolphins an opportunity to work out a multi-year deal.
The Dolphins began the weekend with $36 million in salary cap space, but between $5-6 million of it has been used on Moore and Hartline.
A negotiating period, which allows teams to begin talks with all unrestricted free agents, begins at midnight today. So this is the last window NFL teams have to re-sign their own players before they formally hit the market. Players can agree to terms with teams between now and 4 p.m. Tuesday, which is when contracts with new teams can be signed.
A team can re-sign their own players at any point.