Speaking really generally, the 70-200mm f/2.8 is a widely used workhorse. I'd wager that nearly every photojournalist has one. It great for nearly any event, lecture, wedding, reception, portraiture, even some sports. The 85mm f/1.2 strikes me as an ideal lens for portraiture, but fairly limited for other things.
RF 70-200 F4 EF 70-200 F4 EF 70-200 F2.8 Version II used EF 70-200 F2.8 Version III used (if I find a good deal) Would be using this lens primarily for sports, but also a good take-a-long for hiking. My encounters with low light have been limiting w the EFS 55-250 f4-5.6, which is why I listed the 2.8 versions.But Canon claims the "stops" stabalization between the two is the same. I chose the f2.8 for my R5. I think if I was doing a lot of headshots I would get the 85mm f1.2 in addition to my 24-70. Though commiting $2500 would be a heartbreak. There is a 85mm f2 at $550. You can put all the numbers in a DOF calculator.
Now I keep seeing used 135L lenses for just over half that price. The 135L is about the same size and weight as the new RF 70-200. For portraits the two stop advantage would be welcome. And for dance recitals, obviously f2 is better than f4 in low light. I could add it to my kit and not have to sell my EF 70-200. I'm really wary of any used lens. DHqyiKA.