CBS Sports - Ranking 30 clubs by 2021 payroll situation
This appears to be a subjective list, just Mike Axisa's opinion, but he does explain himself pretty well for each team. He has the Orioles 11th best out of 30 teams and the Blue Jays #1.
That said, you look over all those payrolls and future obligations, and you see what he sees - teams are going to be slashing payroll all over the major leagues. The Orioles have already done so to the best of their ability.
This is going to be a great opportunity for Baltimore. They can do one of two things during a supremely suppressed market:
Sign a bunch of value contracts in the off season and trade them later for prospects. The top players are still going to command top money... perhaps not quite as much, but still substantial. The tier 2-3 free agents project to have their contracts drop substantially.
Take on bad contracts attached with good prospects from teams looking to slash payroll. This is mentioned in the article and is something that rebuilding teams are starting to do more often.
Since the Orioles are going all in on this rebuild, they HAVE to get to a point where they're a top 5-10 farm system in MLB or you may consider the rebuild a failure. So, after this abbreviated season, or perhaps even during the season, I would hope the team is proactive when so many others can't be.