The Cowboys are considering trading or releasing LB Greg Ellis to free up salary-cap space. (Ronald Martinez / Getty Images)

The Dallas Morning News is reporting that the Cowboys are considering trading or releasing veteran LB Greg Ellis, a move that could free up between $4.15 to $5 million for the team’s salary cap. Ellis was not at the team’s OTAs on Thursday after playing with the first team on Tuesday, according to the Morning News.

“He’s looking forward to being a Dallas Cowboy,” said Ellis’ agent, James Williams. “Now, if that’s going to happen, we don’t know. That’s not in our control.”

The Cowboys loaded up on pass rushers in the 2009 NFL Draft, scoring Big 12 sack leader Brandon Williams from Texas Tech and Oregon State’s Victor Butler, who finished second in the Pac-10 in sacks despite starting only one game. Butler also was MVP of the Sun Bowl.

Anthony Spencer is also expected to be competing for a starting spot.

Ellis was the Cowboys’ first-round draft pick in 1998, and he might be most remembered as the player that the Cowboys picked instead of WR Randy Moss.

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