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Cowboys cornerback Brandon Carr has two more seasons left on the five-year, $50.1 million contract he signed in 2012, but he may have played his last game in Dallas.

Carr will count $12.7 million against the salary cap for 2015, and that’s just more than he’s worth. So, as the Star-Telegram notes, it’s either take a pay cut or get cut.

Cowboys owner and General Manager Jerry Jones said he doesn’t want to do the type of restructuring of Carr’s deal that would just push money to future years.

“There’s an issue of going and borrowing some money, borrowing it in the sense of hedging, taking money from future years,” Jones said. “There’s an issue there. Carr played well this year and I’m not as critical of Carr as others. But that’s a lot of money. One thing that we just got to do is we’ve got to make sure that every way we can, we get the value for the money.”

Carr has started every game since he’s been with the Cowboys, and they’d miss him if they released him. But with the Cowboys already in bad enough cap shape that they can’t afford to keep both Dez Bryant and DeMarco Murray, it seems unlikely that they can afford to keep Carr. Unless he’s willing to play for a lot less than $12.7 million.