The Cowboys waived Demercado on Tuesday.
It's the second time this season that Demercado has been let go by the Cowboys. He had the chance to establish himself as the team's RB2 after Malik Davis suffered a season-ending hip injury in mid-September, but the backup role was ultimately grabbed from Demercado by Tyler Goodson. Demercado will explore his next options but should garner interest from teams in need of backfield depth.