A.T. Perry waived (Unclaimed off waivers); Perry signs to the Broncos practice squad

SWJJ said

He had the drops at mini-camp and at camp and had drawn some ire from the coaches. I didn't think he was gonna make the final roster originally.

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But then we get to real games and he is catching what's thrown to him. It will be interested to see if he is picked up on the waiver wire. We hear about practice but other teams have tape based on actual games. I'm not looking much into it but can somebody confirm if a 2nd year player can be outright released, because if so, him being waived could be for roster manipulation.