Las Vegas waived McCormick on Tuesday, per the team's official site.
McCormick led the Raiders with 60 yards during the preseason slate, but he needed 17 carries to get to that total. The 23-year-old also caught five of six passes for 18 yards. McCormick spent 2022 on IR and was on Las Vegas' practice squad all of last season. He could end up back on the team's practice squad to begin 2024 if he clears waivers.