You do not think he can help in the playoffs? If he only plays on passing downs on the opposite side of Judon, he has to be accounted for, and since they blitz almost every down, he can provide pressure. Given the Ravens ability to play man in the secondary, having another pass rusher will only help this defense. I get what you are saying, but it is a cheap option to improve the team.
My guess is the Chiefs or the Patriots may claim him just to keep him out of Baltimore. Will be interesting to see if it is worth $350,000 to them.