Skip to content

Devils ink Schneider to reported seven-year, $42 million deal

Jul 9, 2014, 4:21 PM EDT

schneidergetty Getty Images

After days of speculation, the Devils made it official on Wednesday, announcing they’ve signed goalie Cory Schneider to a multi-year deal.

“We’re pleased to announce that we have solidified our goaltending for not only this year but for the future,” GM Lou Lamoriello said, per the Star-Ledger. “We’ve gone from one great goalie to another.”

In true Devils fashion, the club didn’t release any details regarding the deal, but both TVA and NorthJersey.com report it’s a seven-year contract worth $42 million, good for an average annual cap hit of $6M. That cap hit would put Schneider as the eighth-highest among NHL goalies, on par with Corey Crawford and Ryan Miller, though it’s important to note 2014-15 is the last season of Schneider’s old deal (three years, $12 million, a $4M cap hit) — his extension won’t kick in until 2015-16.

Schneider, 28, will now move forward as a clear-cut No. 1 goalie for the first time in his career. After spending his first five professional seasons in Vancouver’s timeshare with Roberto Luongo, Schneider — acquired by the Devils at the 2013 NHL Entry draft — found himself in another goalie tandem last season with Devils legend Martin Brodeur.

The result? At 28, Schneider has never appeared in more than 45 games (which came in his first year with the Devils) and has made just 143 career appearances. To put that in perspective, the other prominent goalie from Schneider’s ’04 draft class, Pekka Rinne, has played in 317 career games despite missing almost all of last season with hip problems.

Lack of playing time appears to be a thing of the past for Schneider, however. With Brodeur still testing free agency and unlikely to return to New Jersey, the Devils are putting all their eggs in the Schneider basket with just Keith Kinkaid and Scott Clemmensen as the depth options behind him.

In terms of total salary, Schneider’s reported $42 million would put him among the league’s elite:

source:

Latest Posts
  1. Looking to make the leap: Simon Despres

    Aug 21, 2014, 10:01 AM EDT

    Simon Despres Getty Images

    The 23-year-old defenseman may get a real shot this season.

  2. Tanguay helped sell Iginla on Colorado

    Aug 21, 2014, 9:00 AM EDT

    Alex Tanguay Getty Images

    They were teammates in Calgary for two seasons.

  3. It’s Pittsburgh Penguins Day at PHT

    Aug 21, 2014, 8:00 AM EDT

    Evgeni Malkin, Sidney Crosby Getty Images

    The pressure is on Sid and Geno now after a summer of change.

  4. Sens GM says they’re ‘definitely going to try to keep’ Bobby Ryan

    Aug 20, 2014, 10:00 PM EDT

    Craig Anderson, Kyle Turris, Bobby Ryan, Patrick Wiercioch AP

    He can be an unrestricted free agent next summer.

  5. ‘Canes GM Francis says Semin will be ready for training camp

    Aug 20, 2014, 9:02 PM EDT

    Ron Francis Getty Images

    Recovery from offseason wrist surgery put things in doubt.

  6. Poll: Who will replace Hartnell on Philly’s first line?

    Aug 20, 2014, 6:45 PM EDT

    Brayden Schenn Getty Images

    Giroux and Voracek will need someone new to run with them.

  7. Captain no more: Sharks strip Thornton of ‘C’

    Aug 20, 2014, 5:46 PM EDT

    Joe Thornton Getty Images

    Patrick Marleau can coach him through it.

  8. Tank defense: NHL changes up Draft Lottery format

    Aug 20, 2014, 3:59 PM EDT

    Bill Daly lottery Getty Images

    It’s not as good to be the worst anymore.

  9. Under Pressure: Steve Mason

    Aug 20, 2014, 1:55 PM EDT

    stevemasongetty Getty Images

    How will he handle the weight of expectation?

  10. After ‘humbling summer,’ Del Zotto aims to bolster Flyers’ D

    Aug 20, 2014, 12:23 PM EDT

    Michael Del Zotto Getty Images

    “I’m confident in myself and confident I can get back to where I used to be.”

  11. Rangers win Kevin Hayes sweepstakes

    Aug 20, 2014, 11:18 AM EDT

    Kevin Hayes Getty Images

    He’ll be reunited with former Boston College teammate Chris Kreider in New York.

  12. Looking to make the leap: Shayne Gostisbehere

    Aug 20, 2014, 11:05 AM EDT

    Shayne Gostisbehere Getty Images

    The college star could push to make Philly’s blue line right away.

  13. NHL concussion lawsuits to be consolidated

    Aug 20, 2014, 10:01 AM EDT

    Gary Bettman, Bill Daly AP

    And assigned to a U.S. District Judge in Minnesota.

  14. It’s Philadelphia Flyers Day at PHT

    Aug 20, 2014, 8:00 AM EDT

    Jakub Voracek,  Vincent Lecavalier , Claude Giroux AP

    They hope to improve on their first round loss to the Rangers.

Top 10 NHL Player Searches