NEW YORK — An Islanders team official confirmed that the team will buy out the remaining eight years of oft-injured goalie Rick DiPietro’s contract.

The 31-year-old DiPietro, the No. 1 pick in the 2000 NHL draft, will be placed on waivers Tuesday before the compliance buyout can be used, the Islanders official told The Associated Press on Monday night on condition of anonymity.

The club will have to pay DiPietro $1.5 million for each of the next 16 years — double the years left on his original 15-year pact with New York. That amount won’t count against the Islanders’ salary cap.

DiPietro didn’t immediately respond to a text message sent to him by the AP on Monday night. He has been limited to 50 NHL games since the 2008-09 season, plagued by multiple concussions and hip and knee injuries that required surgery.

Last season, he played only three games with New York. He allowed 12 goals in those appearances and didn’t earn a win. DiPietro was then waived and sent down to Bridgeport of the American Hockey League. He went 9-9 there.

DiPietro signed a 15-year, $67.5 million deal before the 2006-07 season, but he was never able to live up to the contract or his lofty status of being a No. 1 draft pick.