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.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Tyler Eifert says he will never play in the Pro Bowl again

Australian athletes evacuate the Olympic village after fire

Russian weightlifting team banned from Rio

Wade says Riley did not push him out of Miami

Nationals among multiple teams inquiring on Mark Melancon

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

McClain does not show up for Cowboys’ training camp

Andre Johnson agrees to two-year deal with Titans

Redskins GM injures hand punching wall in frustration

Report: Aldon Smith checks into rehab

McCarthy discusses 'urgency’ to win another title with Rodgers

Report: Lions extend CB Darius Slay with $50 million deal

Storyline from 'Ballers' plays out in Cowboys preseason camp

Texas A&M creates a very sexist version of their fight song for women

Brown, Marshall are apparently serious about their car bet

Lacy, Starks could split carries to start season

Cyborg Santos post-surgery skull photos are eerie

Dr. Phil calls out the Patriots for their cheating ways

Hockey team unveils Clinton, Trump bobbleheads

Bennett compares chemistry with Pats QBs to his love life

Crowell still making amends for controversial Instagram post

Report: LeBron urged Justin Bieber not to perform at RNC

Luck refutes Matt Hasselbeck’s assertion he never showers

Newspaper editor explains use of Jordan meme for MJ article

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

Dr. Phil calls out the Patriots for their cheating ways

Everything that's already gone wrong at the Rio Olympics

Amar'e Stoudemire's presence (and absence) changed the NBA

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

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