The Dallas Cowboys have waived running back Ezekiel Elliott for the second time in three years, providing him an opportunity to join a playoff contender if he clears waivers.

Why it matters: This move signifies a significant shift in the Cowboys' approach to their backfield and raises questions about Elliott's future in the NFL.

What's new: The Cowboys have decided to part ways with Elliott, who had been a key player for the team since being drafted in 2016.

Yes, but: Despite his past success and contributions to the franchise, Elliott's recent performance and off-field issues have raised concerns about his long-term value.

What to watch: The reaction from other teams and whether any playoff contenders will take a chance on Elliott once he clears waivers.

What's next: The Cowboys will likely rely on other running backs, such as Rico Dowdle, to fill the void left by Elliott's departure.

The bottom line: While Elliott's tenure with the Cowboys was marked by impressive accomplishments and record-breaking performances, his decline in production and off-field distractions ultimately led to this decision.

By the numbers: Elliott ran for 8,262 yards during his time with the Cowboys, setting team rookie records and leading the NFL in rushing in 2016 and 2018.

Our thought bubble: This move signals a shift in the Cowboys' strategy and a desire to build a more reliable and consistent backfield.

Jerry Jones on Ezekiel Elliott: "Zeke's impact as one of the greatest to ever play with the Star on their helmet will never change and is etched in our record books and history forever. We thank him, love him and wish him the absolute best."

Rocky Arceneaux (Elliott's agent) on the release: "Even though nothing is imminent Zeke is excited about the possibilities and is grateful. He's got a lot of good football left in him, and will remain a Dallas Cowboy for life."

The Dallas Cowboys have waived running back Ezekiel Elliott for the second time in three years, providing him an opportunity to join a playoff contender if he clears waivers.

Why it matters: This move signifies a significant shift in the Cowboys' approach to their backfield and raises questions about Elliott's future in the NFL.

What's new: The Cowboys have decided to part ways with Elliott, who had been a key player for the team since being drafted in 2016.

Yes, but: Despite his past success and contributions to the franchise, Elliott's recent performance and off-field issues have raised concerns about his long-term value.

What to watch: The reaction from other teams and whether any playoff contenders will take a chance on Elliott once he clears waivers.

What's next: The Cowboys will likely rely on other running backs, such as Rico Dowdle, to fill the void left by Elliott's departure.

The bottom line: While Elliott's tenure with the Cowboys was marked by impressive accomplishments and record-breaking performances, his decline in production and off-field distractions ultimately led to this decision.

By the numbers: Elliott ran for 8,262 yards during his time with the Cowboys, setting team rookie records and leading the NFL in rushing in 2016 and 2018.

Our thought bubble: This move signals a shift in the Cowboys' strategy and a desire to build a more reliable and consistent backfield.

Jerry Jones on Ezekiel Elliott: "Zeke's impact as one of the greatest to ever play with the Star on their helmet will never change and is etched in our record books and history forever. We thank him, love him and wish him the absolute best."

Rocky Arceneaux (Elliott's agent) on the release: "Even though nothing is imminent Zeke is excited about the possibilities and is grateful. He's got a lot of good football left in him, and will remain a Dallas Cowboy for life."