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...
RUMORS & GOSSIP

Brittney Griner rips Baylor's anti-gay stance in new book

Brittney Griner's career as a Baylor Bear will go down as one of the greatest in the history of college sports. She dominated women's college basketball in a way that was previously unseen.Now, Griner has moved on to the WNBA with the Phoenix Mercury, but she hasn't forgotten about her time in college. In her new memoir entitled In My Skin, Griner reveals how she didn...
Via Bush League Chronicle
1 day ago  | 

Kobe ditches final Lakers' game for trip to France

If the Los Angeles Lakers’s team photo wasn’t enough to convince you of Kobe Bryant’s feelings towards the 2013-14 NBA season, news of his early vacation surely will. The Lakers tip off against the San Antonio Spurs Wednesday night for the final game of the regular season, the outcome of which is inconsequential, as their final record will officially become the worst record...
Via Next Impulse Sports
15 hours ago  | 

Report: Florida State, police hardly did a Winston probe

The New York Times published an article on Wednesday that blasts the lack of any real investigation done by Florida State and the Tallahassee Police Department into the rape allegations leveled at Seminoles quarterback Jameis Winston. The article states that “there was virtually no investigation at all, either by the police or the university.” State Attorney Willie Meggs is quoted...
Via Rumors and Rants
10 hours ago  | 

Popovich extra brief in postgame press conference

Over the years, Spurs coach Gregg Popovich has been equally as known for his in-game and post-game demeanor as his is for his coaching prowess. Craig Sager can attest. On Wednesday night, the Spurs hosted the Lakers in a meaningless […]
Via The Kevin Burke Project
8 hours ago  | 

DeSean Jackson has to pay ex agent $516k in unpaid loans

DeSean Jackson is a rich man after getting $16 million guaranteed from the Redskins, so I’m sure he’ll take the sting of an arbitrators ruling in stride. Rand Getlin of Yahoo Sports is reporting that an NFLPA arbitrator ruled in favor of Jackson’s former agent, Drew Rosenhaus, in a lawsuit brought against the wide receiver. Rosenhaus filed a grievance against the Jaccpot records...
Via Thacover2
18 hours ago  | 

Tracy McGrady makes pro pitching debut for Skeeters

So Tracy McGrady’s baseball career is still a thing, as the former NBA All-Star pitched one inning in his debut with the Sugar Land Skeeters in an exhibition game Wednesday against Alvin Community College. In T-Mac’s lone inning of work he threw 15 pitches (9 strikes, 6 balls), giving up one run on three hits. @blksportsonline Tmac got his first start tonight. Gave up 1 run on...
Via BlackSportsOnline
9 hours ago  | 

CEO bids nearly $12k to coach Arkansas State spring game

Nick Bhardwaj, the CEO and co-founder of Beyond Games, a gaming studio in California, won a creative fundraiser by Arkansas State University to be the team’s head coach for their Spring Game. Bhardwaj, who has no affiliation to ASU, won the Red Wolves’ eBay auctioned “Head Coach Experience” over 15 other potential coaches with a bid of $11,700. The auction, which was...
Via Next Impulse Sports
23 hours ago  | 

Chad Johnson impressed during CFL mini-camp

Granted it’s only two days in, but former NFL receiver Chad Johnson has been impressing the Montreal Alouettes during the team’s mini-camp in Vero Beach, Florida. Montreal (CFL) brass has been quite impressed with @ochocinco in the first 2 days of their minicamp. He's back on the field w/them Thur… — Jason La Canfora (@JasonLaCanfora) April 17, 2014 "He seems really...
Via BlackSportsOnline
11 hours ago  | 

Who will replace Cuonzo Martin at Tennessee?

Stop if you’ve heard this before: Tennessee is looking for a high-profile coach. Since 2008, the Volunteers have needed to hire seven football...
Via Athlon Sports
1 day ago  | 

Five breakout candidates for the NHL playoffs

The NHL playoffs can bring players that are on the fringe of stardom right to center stage. Here are some names to watch up for as the league prepares to drop the puck on its season season. Ryan Johansen, Columbus The leading scorer for the Blue Jackets has had a breakout season and he could really make a name for himself in the playoffs.  Going up against the Penguins won’t...
Via Puck Drunk Love
1 day 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.