Cory Schneider: What Kind of Contract Can the Canucks Goaltender Expect?
Immediately following the Vancouver Canucks' early playoff exit, there were numerous developments in the goalie controversy in Vancouver.
It began Apr. 24, when Roberto Luongo told reporters that he'd be willing to waive his no-trade clause if asked, as shown in this excerpt from The Globe and Mail:
“They’ve got a guy [Schneider] here that is going to be a superstar in this league for the next 10, 12, 15 years,” said Luongo. “It is a business and that’s the way it goes. I loved being here the last six years. I think my career has really taken off and we did some incredible things. If I’m here in the future, then great. If I’m not, that’s good also.”
The story further developed a few days later, when Sportsnet's Nick Kypreos tweeted "Luongo asks for trade. Van didn't even need to ask him to waive NTC. He tells them himself in exit meeting he wants out".
While this report has yet to be confirmed by Luongo or the Vancouver Canucks, it does appear that Roberto is not just taking the high road for Cory Schneider and the Vancouver Canucks, but for himself as well.
As it stands right now, it is fair to assume that Roberto Luongo will be dealt over the summer (most likely during the entry draft) and the Canucks' starting goaltender next fall will be Cory Schneider.
Of course, as an upcoming restricted free agent, a new contract for Schneider will be necessary. But what kind of contract can be expected?
When the Canucks signed Luongo to a 12-year, $64 million contract extension, it was a bold and risky move; one that Mike Gillis will regret while trying to unload it this summer.
How do you feel about my prediction of $3.5 million per year?
The contract, while not completely unmovable, will make Gillis' job difficult this summer, as he will be forced to take a lesser return on Lou and likely an undesirable contract in return.
With the talented Eddie Lack working his way through the Canucks organization, Gillis must identify the possibility of the same situation happening again down the road, where he's forced to unload Cory Schneider's contract.
Because of this hindrance, Gillis will be weary while negotiating with Schneider and likely won't be willing to offer anything north of eight years.
It's also important to realize that Schneider has yet to have the weight of being a No. 1 NHL goaltender on his shoulders. So while his save percentage and goals-against average may be as good or better than the likes of Roberto Luongo, Pekka Rinne and Henrik Lundqvist, he does not have the experience to be paid like them.
So when you combine the lesson learned from the Luongo contract, the lack of experience and the potential of Eddie Lack, what kind of contract do you get?
Based on the information above, my prediction is that Cory Schneider will receive a four-year, $14 million contract for an annual cap hit of $3.5 million.
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