I can't imagine it's something health-related. That wouldn't make sense. That's not how it'd be handled.
If it's a super serious crime, I also don't know if you waive him because wouldn't his contract be voided? By waiving him you basically give up hope of clawing back money.
If it was something like he really wanted to start or was being a terrible teammate -- could cir stances change so much in two weeks that you go from picking up a team option to waiving a 19-year-old?
Eh, I feel dirty even speculating on this stuff. Hopefully the kid is okay, tbh.

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