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...

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 [...]

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

Doug Marrone mad after second straight day of practice brawls

AP Photo We’ve heard and seen some spats come about during training camp this offseason, but Bills head coach Doug Marrone is less than please with his team and their brawling ways.  He said on Wednesday after fights broke out that he didn’t was to see that anymore, but after today, it’s clear his team did not get the message. Another fight broke out during practice Thursday...
Via Down and Distance
1 hour ago

Garrett Richards to miss six to nine months

The Los Angeles Angels of  Anaheim took a huge blow when starter Garrett Richards went down on Wednesday with a patellar tendon tear. The Angels got more bad news on Thursday when it was announced that Richards will need surgery to repair his patellar tendon tear and will be out 6-9 months. Mike DiGiovanna of […]
Via Full Scale Sports
2 hours ago

Calvin Johnson expresses curiosity over new role on team

Detroit Lions’ star wide receiver Calvin Johnson is curious about his new role as he begins his first season in Joe Lombardi’s new offensive scheme. Calvin Johnson curious about role in Lions' new offense: Calvin Johnson will hit the field for his first … http://t.co/YD74m9Tqsb #NFL — NFL Fanzone (@NFLFANZONE) August 21, 2014 Megatron enters his eighth year having worked...
Via Sportsnaut
4 hours ago

Mo’ne Davis autographed balls going for $500 a pop on eBay

Via Guyism
5 hours ago

Bill Polian says Josh Gordon doesn’t belong on football field

AP Image Roger Goodell and the NFL have still not decided what they’re going to do with Cleveland Browns wide receiver Josh Gordon.  Gordon faces a suspension for violating the leagues substance abuse policy, although Gordon pleades innocence saying the failed drugs test was due to breathing in second-hand marijuana smoke. Former Indianapolis Colts general manager Bill Polian...
Via Down and Distance
7 hours ago

50 Cent issues hilarious challenge to Floyd Mayweather

50 Cent brought us his own version of the ALS Ice Bucket Challenge on Thursday, and Floyd Mayweather Jr. probably isn’t going to appreciate it. Rather than dumping a bucket of ice water over his head, 50 has offered to donate $750,000 to the charitable organization of Mayweather’s choice if Floyd can read one page […]
Via Larry Brown Sports
6 hours ago

Report: Steelers plan to play Bell and Blount despite arrests

While Le’Veon Bell and LeGarrette Blount were arrested and charged with marijuana possession on Wednesday, Steelers head coach Mike Tomlin has plans to play his running backs. According to Aditi Kinkhabwala of NFL.com Tomlin plans to play both Bell and Blount for Thursday’s game against the Philadelphia Eagles. Mike Tomlin's plan is to play both […]
Via Full Scale Sports
7 hours ago

Harvey Updyke to have pies thrown at him for charity

Harvey Updyke will take pies to the face and sit in a dunking booth at an upcoming charity event in Mobile, Alabama.
Via Gamedayr
7 hours ago

Giants win protest over tarp malfunction, game to be finished

The Chicago Cubs defeated the San Francisco Giants in less than five innings on Tuesday night after the grounds crew was unable to cover the infield with a tarp during a torrential downpour. But after winning their appeal on Wednesday, the Giants are now technically trailing the Cubs 2-0 heading into the bottom of the […]
Via Larry Brown Sports
9 hours ago

Andre Johnson not a fan of increased preseason penalties

Houston Texans WR Andre Johnson has been quiet since arriving to training camp. If you recall, Johnson was looking to be traded this offseason but once he saw that the Texans wasn’t going to do that, he let it go. Johnson hasn’t played in any of the Texans’ preseason games, but something has caught his attention while from the sideline. Johnson says he is not a fan of the...
Via No Guts, No Glory
10 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.