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. Pondering Carolina’s outlook without Jordan Staal

    Sep 24, 2014, 12:30 AM EDT

    Jordan Staal AP

    They weren’t expected to be favorites with him at full-strength.

  2. Despite nerves, Leafs’ Nylander scores in preseason debut

    Sep 23, 2014, 11:21 PM EDT

    Wiliam Nylander AP

    Tuesday presented him with a “what did I get myself into?” moment.

  3. Video: Leafs’ Van Riemsdyk torments Flyers’ Mason

    Sep 23, 2014, 10:30 PM EDT

    James van Riemsdyk AP

    Tough preseason contest for Philly’s No.1 goalie.

  4. Carolina is ‘concerned’ about Jordan Staal, who was helped off the ice

    Sep 23, 2014, 10:00 PM EDT

    Carolina Hurricanes v Pittsburgh Penguins Getty Images

    Latest update: He’s on crutches and it might not be knee-related.

  5. Edler takes puck to face during Canucks’ exhibition

    Sep 23, 2014, 9:56 PM EDT

    Edmonton Oilers v Vancouver Canucks Getty Images

    This post will include updates if they’re made available.

  6. Sabres’ Pysyk suffers upper-body injury

    Sep 23, 2014, 9:16 PM EDT

    New York Islanders v Buffalo Sabres Getty Images

    Buffalo holds him out for the rest of the game.

  7. Video: Flyers’ Stortini isn’t shy about fighting

    Sep 23, 2014, 8:23 PM EDT

    Anaheim Ducks v Colorado Avalanche Getty Images

    He’s straightforward about it, at least.

  8. Report: Blues, Schwartz making progress, still about $500K apart

    Sep 23, 2014, 7:55 PM EDT

    St. Louis Blues v Chicago Blackhawks Getty Images

    Vladimir Sobotka might say that’s actually a big gap, though.

  9. Rebuild mode: Critics batter EA Sports’ NHL 15

    Sep 23, 2014, 6:36 PM EDT

    creasecrash

    The jump to Xbox One and Playstation 4 has been bumpy.

  10. Crosby, Getzlaf and Stamkos MVP favorites, says oddsmaker

    Sep 23, 2014, 3:22 PM EDT

    Sidney Crosby AP

    And Erik Karlsson’s the favorite to win the Norris.

  11. IIHF, NHL to meet next month to discuss World Cup (Updated)

    Sep 23, 2014, 2:01 PM EDT

    BettmanFasel

    Which will reportedly begin in September of 2016.

  12. Here’s how to watch the NHL’s new ’24/7′-ish series with EPIX

    Sep 23, 2014, 1:33 PM EDT

    Alex Ovechkin AP

    First part of the two-part series starts in December.

  13. Helm held out after breaking nose vs. Pens

    Sep 23, 2014, 11:58 AM EDT

    Darren Helm Getty Images

    Courtesy a Beau Bennett high stick.

Sign up for Fantasy hockey

Top 10 NHL Player Searches
  1. R. Johansen (2619)
  2. S. Crosby (2069)
  3. J. Harding (1807)
  4. J. Drouin (1707)
  5. B. Ryan (1360)
  1. C. Giroux (1226)
  2. E. Malkin (1120)
  3. S. Stamkos (1018)
  4. P. Datsyuk (988)
  5. B. Bishop (969)