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Greg Jennings-Joe Philbin reunion reportedly unlikely

Despite impending free-agent wide receiver Greg Jennings' history with Dolphins coach Joe Philbin, reports out of Miami have consistently suggested the team is more likely to pursue Mike Wallace next month.

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It's reminiscent of the dot-connecting that promoted Matt Flynn as the next Dolphins quarterback because he experienced success in two spot starts with Philbin running the Green Bay Packers' offense. As it turns out, Miami's brass was only willing to offer Flynn half of the value of the contract he ended up drawing from the Seattle Seahawks. The Dolphins simply weren't convinced Flynn was a franchise quarterback.

It seems Philbin also is less than convinced that Jennings is a bona fide No. 1 receiver. Well-connected Bob McGinn of the Milwaukee Journal Sentinel has been told that Philbin "isn't a huge fan" of Jennings as a player.

Although a source also tells McGinn there is a "50-50" chance Jennings will be hit with the $10.36 million franchise tag, one ex-Packers executive isn't buy it.

Jennings is believed to be seeking an unrealistic $13 million to $14 million annually. Without the Dolphins in the mix to drive up the bidding, he might have to settle for $7 million to $9 million per season.

Follow Chris Wesseling on Twitter @ChrisWesseling.

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