New York Islanders Buy-Out Rick DiPietro

There is a youth movement sweeping across the NHL, and it seems like the New York Islanders are going to make sure they follow suite. Reports from NHLcom say that  the Islanders and former 1st. over all pick Rick DePetro will be parting ways.

DiPietro signed his now infamous 15-year, $67.5 million deal following the 2005-06 season. It came with an annual cap hit of $4.5 million, which, based on today’s prices for starting goalies, looks pretty good. However, things never really panned out the way DiPietro or the Islanders expected.(

Dating back to the 2006-2007 season DiPietro ahs only played in 175 games for the Islanders. The terms of the buy out are cheep in todays NHL. The Islanders will pay DiPietro $1.5 million a year until 2029.

In an interview found on DiPietro had this to say about the buy-out

“It’s disappointing, obviously,” DiPietro told Newsday on Wednesday, hours after the buyout became official. “You know in the salary-cap era after the lockout, it would take a while for some teams to rebuild. The Islanders have obviously gotten to the point where you’re finally starting to see that come to fruition. The most disappointing part is that I’m not going to be a part of it.”

In his career with the New York Islanders DiPitro played in 318 games, and had a record of  130-136-8-28 (W-L-T-OTL). During those games DiPietro also had 16 shut-outs, and a GAA of 2.87 with a SV% of .902. It is unclear if any NHL team will want to roll the dice on DiPietro, but there is always a chance some team will offer him a two-way contract.

Tags: New York Islanders NHL Buy Outs NHL Free Agency Ny Islanders Rick DiPietro

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