Don't forget that Tipton was injured in camp, which limits the team's options for cutting him. I would not be shocked if Tipton is put on IR soon or waived after week one.
The team cannot put non-vested players on IR until this afternoon cut down day. If we wanted to cut him, we would have had to waive him with an injury designation if he is on our injury list. He would end up on IR only if he passed through waivers. I believe this afternoon we can move him direct to IR if we choose to do it.
The other option, if we think he can contribute this year, is to waive him after week one. We could then sign him to the PS when he clears waivers (which he will most likely do), and we can sign a veteran replacement without guaranteeing their salary.
I doubt he stays on the 53 with only two weeks of camp practice.
Edited the above, we actually could have put him on IR starting yesterday. Still, it will be cheaper for the team if we can waive him after a minor injury and put him on the PS rather than put him on IR.