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Ezekiel Elliott Traded: Post-June 1 Designation Saves Cowboys $11 Million

Elliott's Release Part of Cowboys' Cost-Cutting Measures

Ezekiel Elliott has been designated as a post-June 1 cut, sources told ESPN's Adam Schefter. This move will save the Dallas Cowboys nearly $11 million against the 2023 salary cap, but Elliott will still count for a little more than $6 million.

Cowboys owner Jerry Jones released a statement Wednesday explaining the rationale behind the franchise's decision to part ways with Elliott.

"Ezekiel Elliott has been a great player for the Dallas Cowboys," Jones said. "He's helped us win a lot of games and has been a key part of our success. However, we have to make decisions that are in the best interest of the team, and we believe that this move is in our best interest."

Elliott Reunites with Cowboys

Despite being released, Elliott has reportedly already agreed to terms on a new contract with the Cowboys. According to NFL Network's Tom Pelissero and Ian Rapoport, the deal is for one year and worth up to $10.9 million.

Elliott's return to Dallas is a significant development for the Cowboys, who are looking to bounce back from a disappointing 6-11 season. Elliott is one of the most productive running backs in the NFL, and his presence should help boost the Cowboys' offense.

Cowboys Release Elliott Ahead of New League Year

The Cowboys have officially released Ezekiel Elliott less than an hour ahead of the new league year, according to NFL Network's Ian Rapoport and Tom Pelissero. This move comes as a surprise, as Elliott was expected to be a key part of the Cowboys' offense in 2023.

The Cowboys are reportedly releasing Elliott in order to save money against the salary cap. Elliott was scheduled to make $16.4 million in 2023, and his release will save the Cowboys $10.9 million.

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