Skip to content

Islanders to buy out Rick DiPietro

Jul 1, 2013, 9:21 PM EDT

Rick Dipietro AP

Rick DiPietro is about to become an ex-Islander.

Arthur Staple of New York Newsday reports the Islanders will place the much-maligned goaltender on $100 waivers tomorrow for the express purpose of using a compliance buyout on him.

GM Garth Snow’s decision to buy out DiPietro will cost the Islanders $1.5 million per year for the next 16 years as he had eight years remaining on his deal, good for a total of $24 million. Seven years ago, DiPietro signed a 15-year, $67.5 million deal with the team, a deal that’s been panned ever since mostly due to DiPietro’s inability to stay healthy.

The Islanders were already in the market for a goaltender this summer and DiPietro never factored into their plans. Last season, he was sent to the AHL after passing through waivers unclaimed. There he found himself embroiled in some controversy after making comments to a local reporter who mistook his sarcasm for truth when he said the treatment by fans made him contemplate suicide.

DiPietro’s 15-year deal has only been matched in length by Ilya Kovalchuk‘s deal with the New Jersey Devils. Now he sees his future in doubt and an ugly chapter to his career come to a close. It makes quite the fall from grace for the No. 1 overall pick in the 2000 NHL Draft.

Latest Posts
  1. Poll: Who will replace Hartnell on Philly’s first line?

    Aug 20, 2014, 6:45 PM EDT

    Brayden Schenn Getty Images

    Giroux and Voracek will need someone new to run with them.

  2. Captain no more: Sharks strip Thornton of ‘C’

    Aug 20, 2014, 5:46 PM EDT

    Joe Thornton Getty Images

    Patrick Marleau can coach him through it.

  3. Tank defense: NHL changes up Draft Lottery format

    Aug 20, 2014, 3:59 PM EDT

    Bill Daly lottery Getty Images

    It’s not as good to be the worst anymore.

  4. Under Pressure: Steve Mason

    Aug 20, 2014, 1:55 PM EDT

    stevemasongetty Getty Images

    How will he handle the weight of expectation?

  5. After ‘humbling summer,’ Del Zotto aims to bolster Flyers’ D

    Aug 20, 2014, 12:23 PM EDT

    Michael Del Zotto Getty Images

    “I’m confident in myself and confident I can get back to where I used to be.”

  6. Rangers win Kevin Hayes sweepstakes

    Aug 20, 2014, 11:18 AM EDT

    Kevin Hayes Getty Images

    He’ll be reunited with former Boston College teammate Chris Kreider in New York.

  7. Looking to make the leap: Shayne Gostisbehere

    Aug 20, 2014, 11:05 AM EDT

    Shayne Gostisbehere Getty Images

    The college star could push to make Philly’s blue line right away.

  8. NHL concussion lawsuits to be consolidated

    Aug 20, 2014, 10:01 AM EDT

    Gary Bettman, Bill Daly AP

    And assigned to a U.S. District Judge in Minnesota.

  9. It’s Philadelphia Flyers Day at PHT

    Aug 20, 2014, 8:00 AM EDT

    Jakub Voracek,  Vincent Lecavalier , Claude Giroux AP

    They hope to improve on their first round loss to the Rangers.

  10. Sens’ Karlsson will accept captaincy if offered

    Aug 19, 2014, 8:45 PM EDT

    Erik Karlsson AP

    He’s not going out of his way for it, however.

  11. Fanspeak: Messier voted greatest Ranger in franchise history

    Aug 19, 2014, 7:30 PM EDT

    Mark Messier Getty Images

    You earn a lot of votes winning a Stanley Cup.

  12. Under pressure: Rick Nash

    Aug 19, 2014, 6:30 PM EDT

    Rick Nash Getty Images

    He had a down season and worse playoffs last year.

  13. Looking to make the leap: J.T. Miller

    Aug 19, 2014, 4:45 PM EDT

    JT MIller

    Can the former 15th overall pick establish himself as a full-time NHLer?

Top 10 NHL Player Searches