Ok, I heard several people talking about the Cowboys maybe taking a chance on this guy and picking him up after the Bears cut him the other day.
Pros: Guy has legit talent and Jason Ferguson isn't getting any younger (33 years old - 11 seasons of play). The Cowboys could sign him to a pro-rated, incentive laden contract with the knowledge that if he screws up just once, he's done and gets nothing in return.
Cons: Major character issues and has not played in a 3-4 NFL defensive scheme. He's also suspended for the first 8 games of the season so that makes him pretty useless for the 1st half of the year.
My conclusion: The pros don't outweigh the cons here. Too much baggage for the 'Boys to take on at this point despite Jerry Jones having a history of taking guys in that had some character issues and turning them around.