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

Report: Lincecum has been throwing in secret location

RG3 passes exit physical, clears way for release

Bryce Harper has great response to $400 million contract question

Cavs discussed three-team deal that would net them Melo

Celtics reportedly discussing Kevin Love trade

New York Giants to pursue Matt Forte?

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Joe Mauer to try wearing sunglasses to improve pitch tracking

Charles Woodson joining ESPN's 'Sunday NFL Countdown' team

A’s land Khris Davis from Brewers for prospects

Family of deceased Kyle Field construction worker awarded $53 million by jury

Chris Bosh to miss All-Star Game with calf injury, Al Horford to replace

NBA commissioner Adam Silver supports bringing sports betting in to the light

Kevin Durant was ‘shocked’ by Derek Fisher firing

Why the Virginia Cavaliers are a National Championship contender

Cardiff City owner tells team to shoot more, because ugly men can marry beautiful women

Report: American Pharoah will make $35 million as stud in 2016

City hosts Tottenham in Valentine’s Day clash

Ranking the ten best free agent pitcher signings

Is there a place for Aaron Hill with the Brewers?

The market for forwards may shape the NHL trade deadline

Who had the best NBA All-Star Game of the last 40 years?

The winners and losers of the 2016 MLB offseason

The most intriguing NBA story lines for the rest of the season

Report: Timberwolves ‘lament’ Andrew Wiggins missing weight-lifting sessions

Kevin Durant to the Warriors makes little sense

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

Ranking the ten best free agent pitcher signings

Who had the best NBA All-Star Game of the last 40 years?

The winners and losers of the 2016 MLB offseason

On Kobe Bryant and taking greatness for granted

Bucks need to choose between wins, development

Fantasy booking WrestleMania 32

Unrestricted free agents each team must consider re-signing

QUIZ: Name the winners of the NBA Slam Dunk Contest

Thank you Daniel Bryan

The timeless greatness of Jaromir Jagr

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