Why does it matter? They weren't going to magically get more in February for him and they didn't know where they would be at after the free agency and draft. There was every possibility that a bunch of studs we could snag up would hit free agency, we'd have a dynamite draft, Maye would look like a mega star in training camp, and then you start thinking "hmmm maybe we do want to have Judon around just in case we turned this around faster than we thought". That didn't happen, they saw what his negotiating stance was and weighed it in relation to the team and decided a 3rd was better than paying for a guy who wasn't going to be relevant when they had any shot at winning.
They weren't getting a 2nd or more for a 32 year old who needed a contract.