Will the rams prioritize comp picks or free agents?

Letting John Johnson walk will probably get them a third round comp pick. The other guys might fetch them something in the 4th 5th 6th or 7th rounds.

I know the formula is complex but I'm pretty sure the Rams can't make any big free agency splashes or they'll risk losing the John Johnson comp pick. So does that mean that we're likely not going to sign any big contracts at all? like does that put Marvin Jones out of consideration?