Ravens apply low tender to S Ar’Darius Washington; what does that mean?

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What does it mean when the Ravens give a low tender to S Ar’Darius Washington?

Safety Ar’Darius Washington completed his rookie contract with the Ravens and is now a restricted free agent. The Ravens opted to tender him with a Right-of-first-refusal tender, meaning he will be on a one-year, $3.263 million contract. Other teams can offer him a contract, but the Ravens have the chance to match it. The Ravens could have used a first- or second-round tender, but opted for the lower tender due to salary cap implications. There is speculation that Washington is not happy with the low tender.

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