In fact, I'm pretty sure that is part of the plan and this is a Wang way around the salary cap. If Dipietro is done at 35, he's an AHL backup for the rest of his career. This contract is really for Luongo money over 10 years with a $4.5 MM cap hit.
One of the first questions I asked an insider friend about the cap was whether there was any limit on contract length. I was going to make a post then about using ridiculously long contracts to get around the cap but I decided not to do it. I thought about it again after the Elias deal but again decided that nobody would really see this as a loophole and I'd look foolish for raising it as an issue.
But does anyone think Wang cares about cap space in 2016-17? Does anyone doubt that he knows he can unload a bad contract to the minors if he wants to unload it? I think this is going to work out well for the Islanders because I think DiPietro is pretty good now and going to get better. As long as Wang is willing to write off the money, I don't see a downside."