Sayyiduna Ibn Abbas (may Allah be pleased with them both) said that a sheep died at the house of one of the wives of the Prophet (peace and blessings be upon him), and he (peace and blessings be upon him) said: "Why did you not tan its skin and make it into a water-skin?"
Hadith Referenceالمعجم الكبير للطبراني / باب العين / 11336