YES Network.com

The New York Islanders have placed Rick DiPietro on waivers. One of two things can happen now: DiPietro will report to the Bridgeport Sound Tigers of the AHL or another team can claim him off of waivers. If another team does scoop in and grab him, they are then responsible for the eight years left on the goaltender's initial 15-year, $67.5 million contract.

In all likelihood, DiPietro, the former No. 1 overall pick from the 2006 draft, will be sent down to the minors and will stay there for the remainder of 2013. DiPietro's career has been derailed by injury after injury, and he's been relegated to Evgeni Nabokov's backup.

DiPietro is 0-3-0 with a 4.10 goals against average, allowing 12 goals on just 83 shots for a .855 save percentage in his three starts this season. He has not had more than 26 starts in a season since 2007-08, when he went 26-28-7 with a 2.82 GAA.

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