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Report: Islanders to buy out DiPietro’s contract

Newsday’s Arthur Staple reported via Twitter on Monday night that the club will place the goaltender on waivers Tuesday with the purpose of using 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 salary cap.

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