Originally written on NESN.com  |  Last updated 11/20/14

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.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Marshawn’s press conference to end all press conferences

NFL to assist Seahawks in ID'ing Pats' ineligible receiver sets

Josh Gordon in essay: I'm not an addict

Belichick, Brady can't imagine Hall of Fame without Seau

Teammate: Johnny Manziel is definitely not a joke

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Knicks reportedly ‘in play’ for Kevin Durant

Fire alarm at Patriots’ hotel goes off for second time in three days

Former NFL QB Jeff Blake: Everyone deflates footballs

Columnist: Media should boycott Skittles to protest Lynch

WATCH: Irving scores career-high 55, hits game winner

FCS star QB considering transferring to Oregon

NFL, officials, Carroll disagree on ineligible player rules

Seattle business rolling 12,000 joints for Super Bowl

How Yardbarker got Marshawn Lynch to open up back in 2008

Super Bowl records that won't fall anytime soon

Richard Sherman, girlfriend expecting baby any day

15 amazing Super Bowl XLIX stats

Pats fans buy Super Bowl tickets, told they're unavailable

The 10 most underrated Super Bowl performances

Where did Seahawks, Patriots find their Super Bowl players?

The all-time best Super Bowl team

Jimbo Fisher's extension could be worth $44 million

Morris twins investigated for possible assault

NHL 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!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Super Bowl records unlikely to fall

15 amazing Super Bowl XLIX stats

Teammate: Manziel not a joke

Ten most underrated SB performances

Knicks ‘in play’ for Kevin Durant?

Ex-QB: Everyone deflates footballs

Where did 'Hawks, Pats find players?

Columnist: Start Skittles media boycott

The all-time best Super Bowl team

Blatt wants more LeBron MVP talk

Best Super Bowl ads of all-time

5 X-factors for Super Bowl XLIX

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.