Originally posted on NESN.com  |  Last updated 7/2/13

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 YARDBARKER:
The Worst - NFL Week 3: Steve Smith, Odell Beckham & of course the Browns
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Newspaper runs insensitive headline following Mets win

Curt Schilling plans to run against Elizabeth Warren in 2018

WATCH: Tebow homers on first pitch he sees in first game

Report: Garoppolo still dealing with shoulder pain, mobility

JJ Watt placed on IR, reportedly expected to miss rest of 2016

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Nationals GM: Strasburg ‘unlikely to pitch in NLDS’

Nebraska regent wants players kicked off team for kneeling during anthem

WATCH: Wayne Gretzky tells the hilarious story of his secret Hall of Fame visit

Wilson Ramos done for year with torn ACL

Sam Allardyce, English FA announce contract termination just 67 days into the job

Report: Clint Dempsey to miss rest of 2016 MLS season

Breaking down baseball’s Cy Young ballot

TailGreater: 'Sterngating' with the Huskies

Can anyone challenge the Cavs in murky Eastern Conference?

2016 Ryder Cup preview: Five things to watch this weekend

Box Score: 9/28 - Bosh, FIFA, Ali and Mangenius

Most glaring flaw for each MLB playoff contender

The Worst - NFL Week 3: Steve Smith, Odell Beckham & of course the Browns

FIFA 17 review: O jogo bonito

To save his legacy Chris Bosh must first protect his health

What the NBA (and world) looked like before Kevin Garnett, Kobe Bryant and Tim Duncan

A fond farewell to Vin Scully

So where will the ACC football championship be played?

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

Breaking down baseball’s Cy Young ballot

TailGreater: 'Sterngating' with the Huskies

Can anyone challenge the Cavs in murky Eastern Conference?

The Worst - NFL Week 3: Steve Smith, Odell Beckham & of course the Browns

FIFA 17 review: O jogo bonito

To save his legacy Chris Bosh must first protect his health

What the NBA (and world) looked like before Kevin Garnett, Kobe Bryant and Tim Duncan

A fond farewell to Vin Scully

So where will the ACC football championship be played?

Kevin Garnett's unique NBA career proves anything is possible

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker