All of our CB deals hinge on the health of Tavon. He and Peters have large contracts, and Marlon will be due soon. Paying Jimmy and/or Carr on top of that would divert too many funds away from other positions imo if we have three above-average CBs good to go
1. Tavon doesn't have a large contract. He's going to be at basically an $8M cap hit for the next three years. That's not large by any stretch of the imagination.
2. The Ravens spent $62.3M of their salary cap on the Secondary in 2019 (basically 1/3 of their spend). As it stands today, they have $64M of their salary cap on the Secondary in 2020. So right now, they're spending about as much in 2020 as they did in 2019.
That 2020 number doesn't include Jimmy, but it does include $11.6M in spend for Tony Jefferson, and $7M in spend for Brandon Carr.
So, in my opinion, you have a couple options:
1. Cut Jefferson, keep Carr, don't resign Jimmy. Would save you about $7.5M, and Carr comes back as your likely #4 Corner. Now you're spending about $56.5M on the secondary, which is roughly $6M less than last year... and that's before the cap goes up 10%, which it will.
2. Cut Jefferson and Carr, saving you $13.5M against the cap. That money can be used to resign Jimmy (who I can guarantee you could get for less than that price), or use that money to sign a veteran Corner for less than that price range. Either way, you'll come out favorable.
The reason I don't think getting rid of both Carr and Jimmy (at least not without signing a decent veteran replacement or using a very high draft pick on another Corner) is because you now have practically zero depth.
If they're both gone, you're down to Averett or Marshall as your #4 corner. 4th corners will likely see a good amount of playing time, given its unlikely all of your top three Corners make it through the season without getting injured, and because of how frequently we will end up playing Nickel and Dime coverages.
Also keep in mind that you have virtually no depth at Safety either, with Clark and Thomas as your starters, but with Carr gone, you really have no depth there either. A Thomas or Clark injury will weaken your defense dramatically.
I'd buy into the idea of taking resources away from the Secondary... if you can prove to me that the pass rush is significantly better in 2020. And there's no scenario possible where we can even feel good about that until at least after the draft, which is far too late to make some of these decisions.
Keeping a rock solid secondary, including having depth, is about the only possible way I see this team not having a huge risk of falling off a cliff on defense in 2020.