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

MLB hands Jonathan Papelbon seven-game suspension

After giving up a career high four runs while blowing a save on Sunday, Jonathan Papelbon appeared to grab his crotch in response to fans booing him. Umpire Joe West thought the gesture was worthy of an ejection, and now we have learned that MLB thinks it was worthy of a seven game suspension. He will begin serving the suspension tonight, and will not appeal. Video of the crotch...
Via Phillies Nation
3 hours ago

Adrian Peterson: 'I am, without a doubt, not a child abuser'

Minnesota Vikings running back Adrian Peterson, who was deactivated for the team’s Week 2 game after an arrest early Saturday morning on child abuse charges, released a statement about the situation. In the statement, Peterson claims that he is not a child abuser and that his goal is always to teach his son right from wrong. ESPN’s Adam Schefter posted the entire statement,...
Via Sportsnaut
10 hours ago

Yankees bench Derek Jeter

Things have hit rock bottom in the Bronx.  In what should be a celebratory month of Derek Jeter‘s career (and potential final postseason appearance), the New York Yankees are just about out of options to make the playoffs.  One last option was exercised today.  Bench Derek Jeter.  Not demote him out of the number two spot.  Not give him a day of rest.  Benched.  The American...
Via Reading Between The Seams
4 hours ago

Chris Davis helps flip truck over after accident on highway

After accepting a 25-game suspension for testing positive for Adderall, Chris Davis will be away from the Baltimore Orioles for the immediate future. That doesn’t necessarily mean Davis will be out of the news, however. On Monday, the Orioles first baseman found himself in a situation that required assistance, and he provided just that. Terrible […]
Via Larry Brown Sports
2 hours ago

RG3: MRI results negative, no fracture

When Washington Redskins quarterback Robert Griffin III seemed to suffer a catastrophic lower-leg injury against the Jacksonville Jaguars on Sunday indications were that he would miss the entire season with a dislocated ankle.  The embattled quarterback is now telling us to hold up on rushing to a conclusion here. According to the Washington Post, RGIII indicated that he does...
Via Sportsnaut
11 hours ago

Kaepernick on language flag: ‘I didn’t say anything’

Colin Kaepernick became the first player in NFL history to be flagged for using “inappropriate language” on Sunday night. The San Francisco 49ers quarterback was handed the unsportsmanlike conduct penalty after throwing an interception in the fourth quarter, and there was speculation that the flag was thrown because he used the N-word. Kaepernick said that […]
Via Larry Brown Sports
12 hours ago

Vikings: Adrian Peterson to return to team, play in Week 3

The Minnesota Vikings announced Monday that RB Adrian Peterson will return to the team this week and will be allowed to play in their Week 4 matchup. Here’s the statement from Vikings Owners Zygi Wilf and Mark Wilf: Today’s decision was made after significant thought, discussion and consideration. As evidenced by our decision to deactivate Adrian from yesterday’s game, this...
Via NFL Trade Rumors
13 hours ago

Jets' Mornhinweg says referee made error by calling timeout

The New York Jets could have made a game-tying touchdown in the match against the Packers, however, a timeout error of course made the situation complicated for the Jets, as usual. Jets offensive coordinator Marty Mornhinweg commented on the timeout that was called after Geno Smith hit the game-tying touchdown on fourth down in the final minutes. But, the play was “negated,”...
Via BlackSportsOnline
15 hours ago

Report: Gruden thinks Cousins is a better fit for offense than RG3

Since he was hired as head coach of the Washington Redskins, Jay Gruden has remained committed to Robert Griffin III — at least publicly. Despite reports from training camp about New England Patriots officials saying Kirk Cousins looked like the best quarterback at Redskins training camp, Cousins never stood a chance at starting. He does […]
Via Larry Brown Sports
14 hours ago

Charles Woodson on Raiders after loss to Texans: 'We suck'

Oakland Raiders DB Charles Woodson was not in a good mood after the Raiders’ 30-14 loss to the Houston Texans on Sunday. The Raiders turned the ball over four times and didn’t scoring any points until the fourth quarter. And not to mention that DE J.J. Wyatt caught a touchdown pass against the Raiders defense as well. With the team now 0-2, Woodson is disappointed and wanted...
Via No Guts, No Glory
14 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.