Dickson is a former third-round draft pick from Oregon who was assigned a $1.323 million tender.
Like fellow Ravens restricted free agent tight end Dennis Pitta and defensive lineman Arthur Jones, Dickson didn't garner contract proposals from other NFL teams prior to the league deadline to submit offer sheets.
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Dickson started 11 games last season, catching 21 passes for 225 yards. The athletic 6-foot-4, 255-pounder provided a consistent blocking presence.
Two seasons ago, Dickson caught a career-high 54 passes for 528 yards and five touchdowns.
In three NFL seasons, Dickson has 86 career receptions for 905 yards and six touchdowns.
With the Ravens losing Anquan Boldin via a trade to the San Francisco 49ers this offseason, the Ravens could rely on their tight end tandem even more this fall.