The New York Islanders will pay $24 million to get rid of an albatross contract.
Rick DiPietro is now a former 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 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 remaining on his original 15-year deal with the Islanders.
DiPietro, who in 2000 became the first goalie to be selected with the top draft pick, has been limited to 50 NHL games since the 2008-09 season, plagued by multiple concussions and hip and knee injuries that required surgery.
In 318 career NHL games, all with the Islanders, DiPietro went 130-136-8-28. Only Billy Smith played more games in goal for the Islanders. DiPietro was 2-7 in 10 career playoff appearances.
“It was an extremely tough decision to use the compliance buyout on Rick’s contract,” said general manager Garth Snow, a former NHL goalie, in a statement. “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.”
Last season, DiPietro played in three games with the Islanders before he was waived and sent to Bridgeport of the AHL.
DiPietro signed a 15-year, $67.5 million deal before the 2006-07 season.
Washington’s Alex Ovechkin is an NHL first-team All-Star for the sixth time, but his first as a right wing, making him the second player to make the team at multiple positions, joining Hockey Hall of Famer Mark Messier, a four-time selection — twice at left wing and twice at center.
Ovechkin, who previously made the team five times at left wing, received enough votes this year to be second team at left wing.
Rounding out the first team were Pittsburgh center Sidney Crosby and left wing Chris Kunitz, defensemen P.K. Subban of Montreal and Ryan Suter of Minnesota, and Columbus goalie Sergei Bobrovsky.
After getting a 15-year, $225 million lease agreement approved by the Glendale City Council by a 4-3 vote late Tuesday, the new Phoenix Coyotes ownership group, Renaissance Sports and Entertainment, will have until Aug. 5 to complete its arena deal with Glendale and purchase the team from the NHL. The franchise will be renamed the Arizona Coyotes sometime after the upcoming season. … Los Angeles Kings center Jarret Stoll was hospitalized after suffering a seizure. General manager Dean Lombardi said Stoll is “fine” but they don’t know what caused the seizure. … Boston Bruins general manager Peter Chiarelli said he is confident the team will re-sign star goalie Tuukka Rask by Friday when Rask is eligible to become a restricted free agent. … The Stanley Cup champion Chicago Blackhawks re-signed defenseman Nick Leddy, 22, to a two-year deal. … Five veteran players were placed on unconditional waivers by their respective teams as they scramble to clear space under the salary cap. Among those released was Vancouver defenseman Keith Ballard.