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Islanders to buy out DiPietro's contract

Tuesday, 07.02.2013 / 12:00 PM / News

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Islanders to buy out DiPietro's contract
The New York Islanders have placed goaltender Rick DiPietro on waivers and will use a compliance buyout on his contract.

It appears Rick DiPietro has played his last game for the New York Islanders.

The Islanders placed DiPietro on unconditional waivers Tuesday, a day after Newsday's Arthur Staple reported the team will use a compliance buyout on DiPietro's contract, which has eight years remaining at $4.5 million annually.

By using a compliance buyout, the Islanders would pay DiPietro $1.5 million annually for the next 16 years. That money would not count against the NHL salary cap.

"It is an extremely tough decision to use the compliance buyout on Rick's contract," Islanders general manager Garth Snow told Newsday. "His drive to win games and compete at the highest level for the New York Islanders was never questioned. With Rick back at 100 percent health, we wish him nothing but the best as he continues to pursue his career."

DiPietro made three appearances for the Islanders in 2012-13 before being sent to the Bridgeport Sound Tigers of the American Hockey League. He went 0-3-0 with a 4.09 goals-against average and .855 save percentage.

The first selection at the 2000 NHL Draft, DiPietro appeared in 319 games for New York, going 130-136-36 with a 2.87 GAA and .902 save percentage.

Quote of the Day

I have been blessed to play for 16 years in the NHL; it has been an amazing ride. I would like to thank the Tampa Bay Lightning and New York Rangers organizations and owners for providing me the opportunity to play the sport I love for so many years. I could have never played for so long or accomplished all that I have without the unwavering love and support from my wife, Heather, our three sons, Ryan, Lucas, and Mason, and my parents.

— Martin St. Louis after announcing his retirement from the NHL on Thursday