Myarick was waived by the Giants on Tuesday, Dan Salomone of the Giants' official site reports.
After playing 24 snaps in the Giants' Week 17 loss to the Bears, Myarick was let go by the team. The tight end was part of the active roster for each of the team's last seven games, catching three passes for 17 yards and a touchdown. He will now either be claimed by another team, rejoin the Giants' practice squad or enter free agency.