He's probably not worth the 2nd round tender (~$2.5M), but because of the alternative, I'm not sure they have a choice. Short of a new contract, their alternative to the 2nd round tender is the low tender ~($1.65M), which because he was a UDFA gives them NO compensation, just the ability to match. Given the sizeable amount of Cap space that some teams have, it would be easy for a team to craft a deal that the Ravens couldn't match by including a high 2016 Cap number. Granted, they've taken chances before and mostly gotten away with it (other than Chester Taylor in 2005), so it's not inconceivable that they will roll the dice with the low tender, but given their WR questions, I would be surprised. Now, if they decide to ride out Flacco's contract this year at $28.55M, they are going to need Cap space from every source possible, so in that case, I could see the low tender.