Report: Cory Schneider's Devils Contract to Be Bought Out Ahead of Free Agency

Teams looking for a goalie in free agency can add another name to the mix, with Cory Schneider's tenure as a member of the New Jersey Devils expected to end. 

Per NHL Network's Brian Lawton, the Devils will buy out Schneider's contract before the start of free agency on Friday. 

Schneider has two years and $12 million remaining on the seven-year contract extension he signed with the Devils in July 2014. 

Speaking to reporters about his future in May, Schneider emphasized he wasn't thinking about retiring: "It's all about trying to be in peak physical condition because I feel good, mentally. I want to continue my career. I haven't entertained thoughts of retirement at all."

It's hardly a surprise that New Jersey would look to move on from Schneider. His performance since the start of the 2018-19 season has been rough. The 34-year-old has allowed 3.22 goals with an 89.7 save percentage in 39 games over the past two seasons combined. 

The Devils assigned Schneider to their AHL affiliate in Binghamton last November after he cleared waivers. He was brought back to New Jersey for brief stints with the main club in January and February but had fallen behind Mackenzie Blackwood and Louis Domingue on the depth chart. 

In 12 NHL seasons between the Devils and Vancouver Canucks, Schneider has a 170-159-58 record with a 2.43 goals-against average and 91.8 save percentage.