Biggest need other than Quarterback (merged)

We have 2 phases to acquire players to fill our needs. The draft and the 2nd wave of FA. If it were me I'd look to fill in the 1st 3 rds of the draft players that can contribute now and in the long term, AND positions that are high salary positions like WR, Edge,CB, OT.
Then depending on who we draft , we fill the other needs in the 2nd wave of FA. Because we all know that after the draft is when teams cut players depending on who they draft AND they come cheaper because teams have already spent most of their cap $
It looks like Mickey is holding that money for 2nd round of free agency to keep our 4th round Compensatory pick and to get some value after( like you said) everyone has spent their money on high priced free agents. Not a bad strategy.