Schrader was waived by the 49ers on Tuesday.
Schrader joined San Francisco in April as an undrafted free agent out of Missouri, where he led the SEC in rushing as a sixth-year senior in 2023. However, the 5-foot-9 running back failed to catch on this preseason. Schrader will now be subject to waivers and, if he goes unclaimed, he could be a candidate to rejoin the 49ers via the practice squad. In his absence, Jordan Mason, Isaac Guerendo and Patrick Taylor will serve as the backups behind fantasy star Christian McCaffrey (calf).