Matt Moore signs with Dolphins

Updated: July 29, 2011, 11:50 PM ET
By John Clayton | ESPN.com

The Miami Dolphins are out of the Kyle Orton trade talks for now after they reached a two-year, $5 million deal with Carolina Panthers quarterback Matt Moore, a source confirmed.

Moore signed the contract Friday night, the team announced.

Moore's deal, first reported in The Oregonian, puts all Orton talks on hold. Moore will compete with Chad Henne and rookie Pat Devlin for playing time.

The Dolphins had been talking to the Broncos but never reached a trade agreement ...

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