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Islanders buy out goalie DiPietro's contract

Updated: July 3, 2013, 1:56 PM ET
Associated Press

NEW YORK -- Rick DiPietro is now a former New York Islanders goalie after he cleared waivers and had his long contract bought out by the team.

The Islanders used a compliance buyout Wednesday to remove the final eight years of the goalie's deal from the club's salary cap.

New York will pay the 31-year-old DiPietro $1.5 million for each of the next 16 years -- double the years left on his original 15-year pact with the Islanders.

The No. 1 pick in the 2000 draft, DiPietro has ...

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