go to MSN.com
Found July 01, 2013 on NESN.com:

Via NESN:

The New York Islanders have finally put Rick DiPietro out of his misery.

The veteran goaltender, whose 15-year, $67.5 million contract will go down as one of the worst deals in the history of sports, has been placed on waivers and will be bought out by the club, according to Newsday’s Arthur Staple.

DiPietro’s contract will now no longer count against the salary cap, but the Islanders will be forced to pay the netminder $1.5 million per year until 2029.

A native of Winthrop, Mass., DiPietro was drafted first overall out of Boston University in 2000. He inked his massive deal in 2006, just two years after becoming New York’s full-time starter, but his career began to come off the rails soon after.

DiPietro started more than 60 games in 2006-07 and 2007-08, posting respectable goals against and save percentage totals, but a rash of injuries and inconsistent play limited him to a total of just 50 games over the next five seasons. He started just three games this season (all losses) before being sent down to the Isles’ AHL affiliate in Bridgeport.

While DiPietro floundered in the minors, the Islanders enjoyed their most successful season in years, earning their first playoff bid since 2007 with 37-year-old Evgeni Nabokov in net. Nabokov will become a free agent on July 5, but he has expressed interest in returning to Long Island next season.

More from NESN.com:
THE BACKYARD
RELATED ARTICLES

Islanders to buy out DiPietro's deal

A New York Islanders team official confirmed that the team will buy out the remaining eight years of oft-injured goalie Rick DiPietro's contract. The 31-year-old DiPietro, the No. 1 pick in the 2000 NHL Draft, will be placed on waivers Tuesday before the compliance buyout can be used, the Islanders official told The Associated Press on Monday night on condition of anonymity...

Islanders using compliance buyout on Rick DiPietro

The Rick DiPietro nightmare is finally over for the New York Islanders. Well, that's not entirely true, but the organization is finally starting a new chapter by using one of their compliance buyouts on their pricey goaltender. The move will finally remove DiPietro's bloated - and hilarious - 15-year, $67.5 million contract from their payroll.  According to Arthur Staple...

What To Do With DiPietro?

from Arthur Staple of Newsday, The Islanders soon may rid themselves of a much longer- standing issue, too. After failing to deal away Rick DiPietro's contract on draft day, Snow may have a decision on whether to buy him out in the next day or two. If the Isles decide to buy out the remaining eight years of DiPietro's deal, Newsday has learned it would be a compliance...

So Long, Ricky: The Rick DiPietro Saga Has Mercifully Come To An End

  #Isles will place Rick DiPietro on waivers tomorrow for purpose of compliance buyout, Newsday has learned. — Arthur Staple (@StapeNewsday) July 2, 2013     News broke tonight that the Islanders would be placing Rick DiPietro on waivers for the purpose of buying out his contract. The Islanders will have to pay him $1.5 million over the next 16 (!) years. The 31-year-old goaltender...

Islanders buy out DiPietro's contract

Rick DiPietro is now a former New York Islanders goalie after he cleared waivers and had his long contract bought out by the team. The Islanders used a compliance buyout Wednesday to remove the final eight years of the goalie's deal from the club's salary cap. New York will pay the 31-year-old DiPietro $1.5 million for each of the next 16 years -- double the years left...

GARTH: Islanders Need A Starting Goalie

Goodbye Rick DiPietro. According to Newsday, The NY Islanders' former #1 overall draft choice and franchise goaltender will be placed on waivers for the purpose of buying out the remainder of his contract. DiPietro, 31, will receive a compliance buyout, meaning that the $1.5 million the Islanders owe him over the next 16 years will not count against the team's salary...

The Rick DiPietro Era is Over: Islanders to Use Compliance Buyout on DP.

[caption id="attachment_71" align="alignleft" width="300"] image provided by bloguin.com[/caption] Earlier this evening, Arthur Staple of Newsday broke the news that the Islanders will be placing often injured goalie Rick DiPietro on waivers tomorrow. The Islanders intend to use one of their two compliance buyouts on DiPietro if he goes unclaimed. ...

Mike Augello: Time Ticking On Komisarek; Leafs Looking To Add Veteran D?

The list of compliance buyout victims increased by one in the last 24 hours, as the New York Islanders expectedly exercised one of their financial “get out of jail free” cards on oft-injured goaltender Rick Dipietro. The 32 year old Dipietro was the first pick in the 2000 NHL Draft and had eight years remaining on a 15 year, $67.5 Million contract with the Isles, but...

Rick Dipietro To Be Bought Out, Making People Everywhere Sad by   Steven Ellis

Well, this is no way to end a great long running joke.   #Isles will place Rick DiPietro on waivers tomorrow for purpose of compliance buyout, Newsday has learned. — Arthur Staple (@StapeNewsday) July 2, 2013 Yes, its true folks. Rick DiPietro is done on Long Island. It’s a sad day for the hockey community. No one could have predicted [...]

Dee Karl: Charles Wang Talks about RDP - to the NYT

In a surprising find this morning on Facebook, here is an article in the NY Times written by veteran hockey writer Jeff Z. Klein on Rick DiPietro's contract buyout. What is surprising is not just that the NY Times has an article about the Islanders in the off-season, but that it also includes ACTUAL quotes from Islanders owner Charles Wang. How did he manage that? Did he...

2013 Wild draft overview

Remember these halcyon days Wild fans?  This is of course a picture of the first 3 selections of the 2000 NHL Entry draft which was the first one the Wild ever participated in.  So there you see the top 3 picks; 1st Overall Rick DiPietro of the New York Islanders, 2nd Overall Dany Heatley of the Atlanta Thrashers, and of course the 3rd Overall pick Marian Gaborik to the Wild.  I...
Islanders News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

RUMORS & GOSSIP

Greg Maddux did gross shower prank on rookies in shower

Greg Maddux: World class pitcher. Soon-to-be-enshrined player in the Baseball Hall of Fame. Legendary prankster. Shower urinator. The last two notable aspects of Maddux’s public persona go hand-in-hand — and hand in … never mind — as the pantheon of great Greg Maddux stories has received a rather unsanitary addition related to the pitcher’s propensity […] The post Greg...
Via Sportress of Blogitude
13 hours ago

Tennessee commit can't wait to beat Bama

Tennessee defensive line commit Andrew Butcher certainly isn’t lacking in confidence. The four-star 2015 commit from Georgia took to Twitter last night after the Vols got a commitment from five-star defensive tackle Khalil McKenzie to call out Alabama. In two tweets that have since been deleted, Butcher said he “can’t wait to beat Alabama’s ass” and for Bama fans to ...
Via College Spun
17 hours ago

Report: Pau Gasol close to deal with Bulls

Friday afternoon, there were several reports that free agent Pau Gasol had narrowed his choices down to the Chicago Bulls and San Antonio Spurs. According to Jesus Sanchez of the Spanish paper Marca.com, Gasol is leaning toward the Bulls as his choice, if the sides can figure out a sign-and-trade. Finally, the power forward Catalan […]
Via Project Spurs
2 hours ago

Antonio Brown leaves Jay Z's Roc Nation Sports

Pittsburgh Steelers wide receiver Antonio Brown is changing agents once again. According to Mike Garafolo of Fox Sports 1, Brown has left Roc Nation, who he signed with back in early May, and plans to re-hire Rosenhaus Sports. From me + @RossJonesFOX: Steelers WR Antonio Brown has left Roc Nation, plans to re-hire Rosenhaus Sports […] Report: Steelers WR Antonio Brown Has Already...
Via Steelers Depot
15 hours ago

Masahiro Tanaka apologizes to Yankees for elbow injury

Masahiro Tanaka just threw his name into the hat for teammate of the year after writing a sincere apology to fans and his team after suffering a partially torn ligament in his elbow this week.The injury is expected to sideline Tanaka for at least six weeks while the Yankees try to move on in their bid for the playoffs without him. The Japanese hurler will try to rehab his elbow,...
Via Bush League Chronicle
10 hours ago

Minor league team offering tickets for LeBron Heat jerseys

The St. Lucie Mets, Single-A affiliate of the New York Mets, have devised a way to dispose of all the unwanted LeBron James Miami Heat jerseys.In a deal almost too good to be true, the Mets are offering fans a chance to score tickets to all remaining home games this year (25) by simply trading in a No. 6 James Heat jersey.If that alone isn't good enough for you, the Mets are...
Via Bush League Chronicle
7 hours ago

Report: Vince Carter signs with Grizzlies

The Memphis Grizzlies were in the market from some wing scoring, and they may have found some nice help. Vince Carter, who is coming off of a strong season with the Dallas Mavericks, has agreed to a deal with the Grizzlies. Vince Carter has agreed to a three-year, $12M deal with Memphis, league source tells Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 12, 2014 The third...
Via Pass The Pill
3 hours ago

Report: Nick Marshall cited for marijuana possession

Auburn University quarterback Nick Marshall has been cited for ‘marijuana possession of less than one ounce’ according to Reynolds Police Chief Ronnie Holder. The news comes from a report from WSFA 12 in Georgia. Marshall’s vehicle was pulled over due to a possible tint violation, and the officer smelled marijuana on him, but was only […]
Via Full Scale Sports
8 hours ago

Andre Reed: Richard Sherman couldn't cover me

Buffalo Bills great Andre Reed attended Jim Kelly’s football camp and one of the campers asked him a very good question. “In your prime, do you think Richard Sherman could check you?” the camper asked Reed,   via Syracuse.com. “Hell no,” Reed replied. “Look, Richard Sherman is a really good player. But he isn’t a Deion (Sanders) or a (Rod) Woodson yet, even if he thinks...
Via Pro Football Zone
7 hours ago

LeBron announces return to Cavs, says he's 'coming home'

LeBron James has finally made his decision, and he is heading back to Cleveland. James broke the news on Friday afternoon on SportsIllustrated.com that he will indeed be signing with the Cleveland Cavaliers. James, an Ohio native, broke Cavaliers fans’ hearts in 2010 when he left the Cavaliers for the Miami Heat. He’s now trying to right that perceived wrong by heading back to...
Via NESN.com
15 hours ago
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.