Magee was waived by Atlanta on Saturday, Will McFadden of the Falcons' official site reports.
The former LSU standout only handled three carries through Week 3 of the preseason, but broke out with 27 yards on six attempts in the finale against Miami. Entering his fourth pro season, Magee will look to push for a backup role with another team should he fail to clinch a spot on Atlanta's practice squad for 2018.
Magee has a history with the Falcons, having signed and been released by the club once already this offseason and another time during the 2017 campaign. He will attempt to win a roster spot in training camp, but will likely be relegated to special-teams work if he cracks the 53-man unit.
Magee was waived by Atlanta on Tuesday, D. Orlando Ledbetter of The Atlanta Journal-Constitution reports.
Magee has bounced around the league during his first three seasons as a pro, spending time with the Ravens, Rams, Seahawks, Browns and Falcons after going undrafted out of LSU. Magee served as a change-of-pace back in his collegiate career, handling 226 carries over four seasons with the Tigers, but he has recorded only five carries in seven regular-season appearances since entering the NFL. The 5-foot-9 running back will seek to find a new home for the 2018 season at a decisive juncture of his career.