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. Poll: Is Boudreau the right coach to lead Anaheim to a championship?

    Aug 2, 2015, 9:00 PM EDT

    Bruce Boudreau AP

    Is his poor Game 7 record reflective of anything?

  2. Ducks’ Biggest Question: Is their window already starting to close?

    Aug 2, 2015, 7:30 PM EDT

    Ryan Kesler AP

    In other words, how much longer will Corey Perry, Ryan Getzlaf, and Ryan Kesler stay at the top of their game?

  3. In Bernier, Leafs hope they have a stabilizing force

    Aug 2, 2015, 6:00 PM EDT

    Jonathan Bernier Getty Images

    His newly signed two-year deal is an opportunity for

  4. Looking to make the leap: Nick Ritchie

    Aug 2, 2015, 4:30 PM EDT

    Nick Ritchie Getty Images

    He’s got the size and skill to potentially make an impact.

  5. Under Pressure: Anaheim’s goaltenders

    Aug 2, 2015, 3:00 PM EDT

    150802_FrederikAndersen Getty Images

    Andersen, Gibson & Khudobin have a combined 27 Stanley Cup playoff games on their resume.

  6. Bernier, Leafs agree on two-year, $8.3 million deal

    Aug 2, 2015, 11:48 AM EDT

    Jonathan Bernier Getty Images

    That will eat up his first year of UFA eligibility.

  7. Anaheim Ducks ’14-15 Outlook

    Aug 2, 2015, 11:28 AM EDT

    Calgary Flames v Anaheim Ducks - Game Five Getty Images

    Can they close to final gap between them and the Stanley Cup?

  8. Erik Haula signs two-year extension with Wild

    Aug 2, 2015, 9:48 AM EDT

    Erik Haula Getty Images

    They avoided an arbitration judgment.

  9. Devils’ Zacha to skip Czech’s world junior evaluation camp

    Aug 1, 2015, 7:15 PM EDT

    2015 NHL Draft - Round One 2015 NHL Draft - Round One

    New Jersey is still working on getting the 18-year-old signed to an entry-level contract.

  10. Flyers’ Hakstol flew 4,000 miles to have dinner with Voracek

    Aug 1, 2015, 5:15 PM EDT

    Dave Hakstol Dave Hakstol

    The two met in the Czech Republic to get to know one another.

  11. Nill believes Stars have ‘two No. 1 goalies’

    Aug 1, 2015, 3:15 PM EDT

    Jim Nill AP

    Lehtonen and Niemi will account for $10.4 million in cap space next season.

  12. No extension on the horizon for Flyers’ Brayden Schenn

    Aug 1, 2015, 12:45 PM EDT

    Brayden Schenn Getty Images

    He’s heading into the final year of his two-year, $5 million deal.

  13. Jets partner with ECHL’s Tulsa Oilers

    Aug 1, 2015, 11:15 AM EDT

    ECHL_-_logo

    Winnipeg was affiliated with the Ontario Reign last season.

  14. Armed with new deal, Galchenyuk expects to have a ‘great year’

    Aug 1, 2015, 9:45 AM EDT

    gal Getty Images

    He signed a two-year, bridge contract worth $5.6 million on Thursday.

  15. Arbitrator awards Marcus Johansson $3.75M contract

    Jul 31, 2015, 9:01 PM EDT

    Marcus Johansson Getty Images

    That’s close to the middle between his and Washington’s requests.

  16. Maloney: RFA Domingue will play in Europe

    Jul 31, 2015, 8:30 PM EDT

    Louis Domingue Getty Images

    The decision surprised Arizona’s general manager.

Top 10 NHL Player Searches
  1. D. Stepan (1850)
  2. J. Toews (1505)
  3. N. Bonino (1442)
  4. E. Fehr (1396)
  5. C. Wilson (1286)
  1. B. Gionta (1276)
  2. G. Bettman (1241)
  3. L. Couture (1237)
  4. A. Chiasson (1207)
  5. S. Couturier (1112)