Tuesday: Schneider has cleared waivers and can now be assigned to the minor leagues.
Monday: The New Jersey Devils have announced that Cory Schneider will be placed on waivers today with the intention of sending him to the minor leagues. The team recalled Louis Domingue earlier today, who joins MacKenzie Blackwood in net for the Devils.
Domingue, who was acquired from the Tampa Bay Lightning earlier this month, will cost the Devils a 2021 seventh-round pick if he plays in seven games. That apparently was worth it for a team that continues to flounder at the bottom of the Metropolitan Division standings. The Devils do have two wins in their last two games, but are now 16 points behind the division-leading Washington Capitals.
With Schneider, the team simply couldn’t wait for him to figure out his game. The 33-year old hasn’t been very effective since the 2015-16 season, recording a .904 save percentage in parts of four seasons since then. That has culminated in his horrendous .852 number this season in six appearances, all losses.
The Devils already have some cap space, but moving Schneider to the minor leagues would give them an additional $1.075MM in buried savings. The veteran goaltender is carrying a $6.0MM cap hit through the end of the 2021-22 season and now looks like he may be an anchor for the organization.
That contract will almost certainly mean that Schneider clears, giving him the opportunity to try and rebuild his game in the minor leagues.