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Cory Schneider

East Notes: Sabres Injuries, Clutterbuck, Dal Colle, Schneider

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There’s some good news and some bad news on the injury front for the Sabres in advance of their pair of weekend matinees against Philadelphia.  The good news is that there’s a chance that defenseman Rasmus Ristolainen could return with head coach Ralph Krueger telling reporters, including Lance Lysowski of The Buffalo News, that there’s a “high possibility” that the blueliner could play on Saturday.  Ristolainen was off to a good start to his season with six points in ten games while logging over 23 minutes per night before a particularly tough bout with COVID-19.

Meanwhile, the bad news is that center Jack Eichel and goaltender Linus Ullmark aren’t expected to be available for either game, relays Jourdan LaBarber on the Sabres’ team website.  Eichel was a late scratch on Thursday after experiencing some discomfort during the pregame warmup and is listed as day-to-day.  As for Ullmark, he left after the first period yesterday with Krueger indicating that they’re hopeful he will only be day-to-day after their weekend games.  One of Dustin Tokarski or Jonas Johansson will need to be recalled from the taxi squad.

Elsewhere in the East Division:

  • Islanders winger Cal Clutterbuck missed practice today due to an unspecified injury with head coach Barry Trotz classifying him as day-to-day, notes Newsday’s Andrew Gross. He left Thursday’s contest against Boston in the first period and did not return.  However, it appears that New York could get some good news on the injury front as Michael Dal Colle practiced today and could be available for one of their games this weekend.  The 24-year-old is currently on IR with a lower-body injury and has missed the last four games.
  • From the same column, Gross notes that Islanders goaltender Cory Schneider has been designated as a non-roster player and is unavailable due to family reasons. That was what prompted Jakub Skarek to be recalled to the taxi squad yesterday to keep the team compliant in having three available goaltenders.  New York now has an extra roster spot available although with an extra forward and defenseman up on most game days, they likely won’t need to use it.

Islanders Finalize Contract With Cory Schneider

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After nearly three months of speculation, Cory Schneider has finalized his contract with the Islanders.  CapFriendly reports that the veteran has inked a one-year, one-way contract worth $700K.  They also report (Twitter link) that he has been designated as waivers non-roster status which means that he will be placed on waivers on Friday for the purpose of assignment to either their taxi squad or their AHL affiliate in Bridgeport.

It was only a few years ago that Schneider was entrenched as the starting goalie for New Jersey.  He got off to a tremendous start after being acquired at the 2013 draft for the pick used to select Bo Horvat, notching a 2.14 GAA with a .924 SV% over his first three seasons.  However, after his performance slipped in 2016-17, his play completely went off the rails after that while he also dealt with lingering hip issues.  Last season, he actually had more appearances in the minors (14) than in the NHL (13) which led New Jersey to buy out the final two seasons of his contract, paying him $2MM per season over the next four years as a result.

With Semyon Varlamov and Ilya Sorokin set as the goaltending tandem for this season and the team not being in a position where they will be needing to shuffle players back and forth daily to bank cap space (since they’re using LTIR already), Schneider doesn’t have a path to playing time with the Isles in the near future.  But if an injury arises, he will likely be the first one recalled.  That’s quite the fall from grace after being one of the better goalies in the league only a few years ago but Schneider has at least now secured a contract at the very least.

New York Islanders Confirm Three Signings

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New York Islanders GM Lou Lamoriello held media availability today, and though he had no update on the negotiations with restricted free agent Mathew Barzal, did confirm several previous reports. Andy Greene, Matt Martin, and Cory Schneider have all agreed to contracts and will be in Islanders training camp, Lamoriello explained to reporters including Elliotte Friedman of Sportsnet. All three veterans were unrestricted free agents.

News of these deals came months ago at the start of free agency, but none of them have officially been announced yet and likely won’t until the situation with Barzal is solved. The Islanders have just under $4MM in cap space, but since the young center is likely going to take much more than that, some salary cap gymnastics will have to be performed. Johnny Boychuk, who was forced to retire due to the eye injuries he sustained last season, is still technically on the books with a $6MM cap hit for this season. That number can be moved to long-term injured reserve at the appropriate time, allowing the Islanders to stay cap compliant.

Still, there is certainly no guarantee of playing time for any of the three veterans. Greene came to the Islanders from the New Jersey Devils at the deadline and ended up playing in 21 of the team’s postseason matches, but with Noah Dobson continuing to push for playing time and some other young defensemen creeping up the depth chart, the 38-year-old may find himself in and out of the lineup. That doesn’t mean he won’t still be a valuable addition to the team, but at this point in Greene’s career he can no longer be that top-4 presence.

Martin, who has played eight of his ten years in the NHL with the Islanders also suited up for every game in the playoffs, but he too could find himself scratched upon occasion this season. The 31-year-old is an effective enough option on the fourth line but normally doesn’t provide much offense at all (though Martin did score five goals in the postseason). The heart-and-soul winger has a place on the team to be sure, but at some point, the Islanders will want to take a look at some of their younger options like Oliver Wahlstrom and Kieffer Bellows.

If Greene and Martin have at least some sense of playing time, it is something of a mystery for Schneider. The 34-year-old goaltender has a long history with Lamoriello which stretches back to the 2013 trade from the Vancouver Canucks, but New York already has Semyon Varlamov and Ilya Sorokin locked into the two NHL spots. Schneider has struggled the last few seasons and likely is there only as the taxi squad goaltender, moving into the lineup only in an emergency.

Still, his position in the organization is an interesting one, if only because the Islanders have very little in net behind their top two. Jakub Skarek is currently the only other goaltender under contract, and the 21-year-old has barely any experience at the minor league level, let alone the NHL. Varlamov is also the only goalie eligible to be exposed in the expansion draft, meaning Schneider or some other veteran will have to be signed through 2021-22 if the Islanders want to protect their current starter.

Islanders Expected To Pursue Bridge Contract For Mathew Barzal

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One of the more interesting RFA cases is Islanders center Mathew Barzal.  He has been their leading scorer in each of his first three NHL seasons and GM Lou Lamoriello has publicly stated any offer sheet would be matched in an effort to dissuade other teams from even attempting to go that route.  However, cap space is still a big factor, even after trading blueliner Devon Toews to Colorado and the recent announcement that Johnny Boychuk’s playing career has come to an end (making him eligible for LTIR).

Accordingly, Newsday’s Andrew Gross notes that the industry expectation for Barzal is that he will sign a bridge deal, a two-year or three-year pact around $7MM per season.  That would still represent a substantial raise from the $925K base pay he earned on his entry-level deal (which included his signing bonus) and give both sides a chance to re-assess the financial landscape before he reaches UFA eligibility.  On top of that, it also gives New York a chance to determine if the 23-year-old is capable of getting back to his rookie-season output of 85 points or if he’s likely to check in below that as he did in the past two years where he had 62 and 60 points.

If that is indeed the route they go, there are two big questions to be answered.  The first is the structure of the deal in terms of how much to backload it, particularly with the new qualifying offer rules in place.  Now, the required tender is the lower of 120% of the AAV or whatever the salary on the final season winds up being.  Even if the AAV of this deal winds up near that $7MM target, it’s quite likely that the qualifying offer will be in the $8MM range.

The other is how to fit this in on the cap.  Yes, Boychuk is going to wind up on LTIR but there is a timing factor at stake.  If the Islanders can wait to put him there until the start of the season, they’ll have some more in-season flexibility to work with.

As things stand, they have roughly $3.9MM in cap room, per CapFriendly and that’s with a minimum-sized roster.  If they want to get this deal done and be in cap and roster compliance before placing Boychuk on LTIR, there is going to have to be some roster juggling.  Some high-priced veterans (such as Andrew Ladd, Thomas Hickey, and Leo Komarov) could be waived in camp and sent down, freeing up $1.075MM each in cap space before having to offset that amount by a minimum-salaried recall.  Expected goalie Ilya Sorokin (who is waiver exempt) could also go down and be temporarily replaced by a lower-salaried netminder on their season-opening roster before those transactions were reversed.  Even more of those moves may be required to pull that particular strategy off.

Assuming they can do so, they could utilize almost all of Boychuk’s contract in LTIR room (the cap room freed up is the amount of the contract minus existing cap space at the time of placement, not automatically the full value of the contract) and it appears that they’ve already done some of that spending.  Gross adds that deals are believed to be in place for goalie Cory Schneider (which had been reported back in October), defenseman Andy Greene, and winger Matt Martin.  That money can’t be committed until they get Barzal signed and Boychuk transferred with the latter move happening right at the beginning of the season.  As a result, it’s probable that those veterans will be in camp on PTO deals only.

Bridge contracts are often viewed as the simple solution but in Barzal’s case, there will be a lot of moving parts to this one with several veterans being affected by what he eventually signs for and when the deal is done.

East Notes: Schneider, Mittelstadt, Flyers

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Three weeks ago, reports surfaced that the Islanders were set to sign veteran goaltender Cory Schneider in what looked to be a number three role but that hasn’t yet materialized.  However, GM Lou Lamoriello told NHL.com’s Brian Compton that he expects a deal to get done:

There’s a good sort of chance of that transpiring. As you know, I had Cory in New Jersey and I think that he’s trying to resurrect his career, and with our coaching staff, I’ve had several conversations with Cory, so I think that rumor will come to fruition.

The 34-year-old hit the open market when New Jersey opted to buy out the final two years and $12MM of his contract earlier this month following a pair of tough years that saw him post a .897 SV% and a 3.22 GAA in 39 games.  In the ideal scenario for the Islanders, Ilya Sorokin thrives as the backup to Semyon Varlamov and Schneider isn’t needed but if the rookie falters, it appears they’ll eventually have an experienced veteran in place that can be called upon if needed.

More from the Eastern Conference:

  • Buffalo has been active with its restricted free agents lately with new deals for goalie Linus Ullmark plus forwards Sam Reinhart and Victor Olofsson, they still have some work to do. To that end, Lance Lysowski of The Buffalo News reports (Twitter link) that talks for RFA forward Casey Mittelstadt were supposed to resume last week although clearly, nothing has been agreed upon yet.  The eighth-overall pick in 2017, Mittelstadt has struggled in his two full professional seasons when up with the Sabres but has fared much better with AHL Rochester.  He’s waiver-exempt to start next season so a two-way deal appears to be the likely outcome when a deal does get done.
  • While there are quite a few teams interested in UFA winger Mike Hoffman, it doesn’t appear as if the Flyers are one of them. NBC Sports Philadelphia’s Jordan Hall relays that while the team could certainly use the help of the man advantage that Hoffman can provide after they went 4/52 on the power play in the playoffs, they have not reached out to Hoffman’s camp at this time.  While they have a little over $4.8MM in cap room at the moment, a sizable piece of that will be earmarked for RFA defenseman Philippe Myers.

Cory Schneider Close To Deal With New York Islanders

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The New York Islanders are close to adding some more goaltending depth, as Pierre LeBrun of The Athletic tweets a deal is being finalized with Cory Schneider. While LeBrun points out the connection between the free agent goaltender and Islanders GM Lou Lamoriello from their time together in New Jersey, it does somewhat complicate things in New York.

Schneider, 34, was recently bought out by the Devils after struggling with injury and inconsistency the last several seasons, and likely would have to accept the third goaltender role in the Islanders organization. The team already has veteran starter Semyon Varlamov and young phenom Ilya Sorokin in the mix, meaning unless there is another move coming—or the team is going back to the three-headed goaltending option—Schneider would likely have to spend time in the minor leagues once again.

In a condensed 2020-21 season there will be a need for goaltending depth as teams are forced to play games at a heightened pace, but it’s hard to believe that Schneider would be able to displace either of the Islanders two top goaltenders. Though he was once a legitimate starting option who even challenged for the Vezina Trophy, Schneider hasn’t posted a save percentage above .910 since the 2015-16 season.

Of course, the Islanders also employ goaltending guru Mitch Korn, who has resurrected careers before and should be able to help Schneider get things back on track, if not all the way back to his previous level. At the very least, he’ll be some veteran depth in case of injury.

New Jersey Devils To Buy Out Cory Schneider

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The New Jersey Devils will the last day of the window to buy out goaltender Cory Schneider, according to several reports including Brian Lawton of NHL Network. Because Schneider has two years remaining on his current contract, the Devils will incur a cap charge of $2MM in each of the next four seasons. Schneider was carrying a $6MM cap hit.

Schneider, 34, wants to keep playing according to Pierre LeBrun of The Athletic, but it might be a tough sell at this point. The 34-year-old hasn’t been an effective goaltender in several years, posting save percentages below .910 in every season since the 2015-16 campaign. He spent more time in the AHL than the NHL this past year, recording just an .887 in 13 appearances for New Jersey.

If he’s healthy and can somehow prove there is still game left, Schneider may be able to fit in as a backup around the league thanks to a long history of success in the past. But at this point it’s hard to see any team bringing him in to compete for a starting role or even guaranteeing him an NHL paycheck. With more goaltenders available than most years, this may be extremely poor timing for the veteran.

New Jersey meanwhile will move on quickly with Mackenzie Blackwood, who proved to be quite the up-and-coming netminder last season. They need to get him signed to a new contract however and will now be on the lookout for another NHL option to serve as the backup or second part of a tandem.

Cory Schneider, Ryan Miller Discuss Playing Futures

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The current pause in the NHL season has had a major effect on each and every player in the league and could have a lasting impact on careers beyond this year. However, veteran players may be influenced the most, as the past two months have provided insight as to what a life after hockey might look like. The New Jersey Devils’ Cory Schneider and the Anaheim Ducks’ Ryan Miller, two aging goalies whose futures were in question even before the pandemic, recently spoke on how they are feeling about their current circumstances and the outlook on the rest of their careers.

Schneider, 34, remains optimistic that his playing days are far from over. Schneider told NHL.com’s Mike Morreale that he is using this time to get back into “peak physical condition” and that he has not “entertained thoughts of retirement at all.” Schneider suffered a major core injury in 2015-16 and has not been the same player since. Once one of the league’s top goalies, his numbers have dropped precipitously year-to-year as he has struggled to stay healthy and to rediscover his elite form. Now passed up as the Devils’ started by young MacKenzie Blackwood, Schneider has two years left on his contract at $6MM AAV and would be a prime buyout candidate, standard or compliance, for New Jersey. However, Schneider’s hope is to remain with the team. “”I’m not naive to the business side of things,” Schneider explained, “but I feel that when I’m playing well, I can do a lot for our team on the ice and off the ice. That’s the role that I want to fill.” Schneider best chance to continue playing in a meaningful NHL role may also come with New Jersey. If he were bought out, Schneider would find himself in a free agent market this off-season that is chock-full of veteran keepers looking for one last contract and teams without much money to spend on aging backups.

Miller, 39, is part of that group. While Miller’s numbers in 2019-20 are the worst of his career, they are still palatable, especially in a backup role. Miller has in fact maintained a solid and at times stellar level of performance throughout his late 30’s. While no one would blame the former star netminder for calling it quits at his age with his resume, Miller has maintained that he would like to continue playing. Previously, the obstacles to that plan were Miller’s insistence on remaining in the California area near his family, as well as the aforementioned market, which also includes names like Mike Smith, Jimmy Howard, Craig Anderson, Corey Crawford, and Brian Elliott as older names who are past their prime and just looking for one last go-round. However, Miller recently spoke to Sportsnet’s Gene Principe and admitted that the COVID-19 pause has placed another roadblock in the way of extending his career: not wanting to leave newfound day-to-day role with his family amid the return to a “new normal” post-pandemic. “There’s a lot of talk here in California that schools are not going to be fully in session possibly into next year. That changes the dynamic around the house and what needs to happen and what’s important,” Miller stated, adding “what that means for sports and life – and wrapped up in that is family and how family is going to need to be taken care of during this time.” It remains to be seen whether remaining with the Ducks would be an option for Miller and if that would even allow him to be comfortable in his role with his family. If not, no one would blame Miller for hanging up his skates and his departure would allow for one other veteran keeper, perhaps even Schneider, to continue pursuing his career dreams.

Potential Compliance Buyout Candidates: Part II

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As the current Coronavirus crisis wears on, it seems more and more likely that the NHL will not return to action soon and when play resumes, it will almost certainly not be the full remaining regular season schedule. That lost revenue is expected to impact the 2020-21 salary cap, perhaps even keeping the current $81.5MM upper limit in place. Given that teams expected an increase, initially projected to be between $84-88.2MM, this stagnation could have a harsh impact on a number of clubs’ cap situations. As such, many expect that compliance buyouts will return in some form or fashion to ease that pain. These buyouts, which do not count against the salary cap, would allow for teams to open up space that they otherwise expected from a cap increase.

After taking a look at the first ten teams, we move on to the middle third of the NHL:

Detroit Red Wings: Justin Abdelkader

– When Abdelkader signed a seven-year extension with an AAV of $4.25MM following his career-best season in 2014-15, it was perceived to be a bargain at the time and few expected that it would turn out poorly. Yet, with three years still to go Abdelkader has failed to impress in each of the first four seasons, recording a total of just 78 points and consistently missing time due to injury. On a young rebuilding team, the 33-year-old forward’s slow, plodding game is not a fit and his salary is not commensurate to his role on the club. New GM Steve Yzerman wouldn’t hesitate to buy out the career Red Wing if given the opportunity.

Edmonton Oilers: James Neal

– Last summer’s swap of Neal for Milan Lucic was labeled as two teams exchanging bad contracts. However, Neal got off to a hot start and ended up with 19 goals and 31 points despite being limited to just 55 games due to injury. That being said, the 32-year-old forward, who was a -20 this season, is still probably the worst contract on the team. The likelihood of Neal playing up to his remaining $17.25MM over three years seems slim and the Oilers could use the cap space to add a younger, better winger. If Neal has earned the trust of the team, Kris Russell could be bought out before his final year at $4MM.

Florida Panthers: Sergei Bobrovsky

– Would the Panthers move on from Bobrovsky just one year after handing him a seven-year, $70MM deal? That could be the biggest question of the off-season if compliance buyouts become reality. The star goalie’s first season in Florida could not have gone worse as he posted a career-worst GAA and didn’t boast a shiny save percentage either. Expected to be the Cats’ savior in net, Bobrovsky was anything but. If they hesitate to cut ties with Bobrovsky and his play does not improve, he would undoubtedly become the worst contract in hockey. Though on the other hand, if Bobrovsky goes elsewhere and succeeds and Florida cannot find a suitable location, some would surely say that they didn’t give him enough of a chance.

Los Angeles Kings: Jonathan Quick

– The rebuilding Kings have been trying to move Quick for a couple of years now and it would be a surprise if they did not take advantage of a compliance buyout opportunity. A holdover contract from the days of yore, Quick’s ten-year, $58MM deal signed in 2012 remained a bargain for the first half of the term until Quick hit a wall last year. While his play rebounded this season, Quick is still not playing up to the all-world level that had become the norm. L.A. is still a ways away from contending and can make more use of extra cap space over the next three years than a goalie who is past his prime.

Minnesota Wild: Zach Parise

– The Wild and new GM Bill Guerin came awfully close to trading Parise at the deadline this season and in recent years players who have been rumored to be leaving Minnesota are always eventually dealt. However, the potential trade included the team taking back bad salaries to facilitate the movement of Parise’s remaining five years and $37.69MM. Although Parise showed a return to form somewhat over the past two years, he has never been able to replicate his numbers from earlier in career and the team has generally been unhappy with the results of their 13-year gamble. If the possibility to dump the 35-year-old Parise without any cap repercussions opened up, it would become a serious conversation. More interesting would be if the Wild also discuss Mats Zuccarello as a buyout candidate after he was a bust in the first of a five-year, $30MM deal.

Montreal Canadiens: Karl Alzner

– While there will be those that find some of the bigger names on Montreal as intriguing buyout candidates, Alzner seems like an obvious choice that will improve the roster without any risk of releasing a good player or upsetting team chemistry. Few players in recent history have had their team turn on them following a major contract as quickly as the Canadiens did with Alzner. After signing the physical defenseman as a top free agent in 2017, the Habs decided just a year later that he was not worthy of an NHL roster spot following a difficult first season. Alzner has played just 13 NHL games over the past two years, buried in the AHL for the remainder. With two years at $4.625MM remaining, Montreal would be happy to be completely rid of Alzner’s contract rather than receiving just minor saving from sending him to the minors instead.

Nashville Predators: Kyle Turris

– For a long time, Nashville GM David Poile was opposed to handing out expensive, long-term contracts. That policy served him well for quite a time, as the Predators ended up with a number of tremendous values on the roster. Since the team has started to move away from that practice, things have not gone so well. Turris is the poster boy for this statement. He signed a six-year, $36MM extension with Nashville not long after being acquired by the club early in the 2017-18 season and has never lived up to the expectations. His 54 total points over the past two years is less than the one-year total the season prior to his joining Nashville. Turris has become an expendable player, not only missing time due to injury but also as a healthy scratch. The team has been eager to move him and they likely wouldn’t hesitate to do so with a compliance buyout.

New Jersey Devils: Cory Schneider

– An overpaid, under-performing starting goalie is one thing; an overpaid, under-performing backup is another. It has been quite a time since Schneider was the top man in net in New Jersey and young Mackenzie Blackwood has now taken the reins. However, Schneider’s horrific numbers over the past two year suggest that he isn’t even capable of being an NHL backup at this point in his career. With two years remaining at $6MM, Schneider’s might be the worst goalie contract in the league and a rather obvious buyout candidate.

New York Islanders: Andrew Ladd

– Ladd, part of the infamous 2016 class of terrible free agent contracts, Ladd has never provided adequate value to the Islanders compared to his $5.5MM AAV. The team finally buried him in the AHL this season after recording just 71 points through his first three years. With the majority of their forwards signed to substantial long-term deals, there is almost no chance that Ladd can ever work his way back into the NHL mix for the Islanders. New York was ready to move him at the trade deadline and would be quick to buyout the final three years of his deal rather than continue to pay major money for him to play in the minors.

New York Rangers: Henrik Lundqvist

– While it would be a sad day for the Blueshirts and their fans, the reality is that Lundqvist is the best use of a compliance buyout on the team. New York was considering moving young Alexandar Georgiev at the deadline rather than continue to carry three goaltenders, as Igor Shesterkin looks like the starter of the future and King Henrik has become an immovable contract. However, the team would be far better off retaining both young goalies and moving on from Lundqvist, who at 38 years old had the worst season of his career and still has a season remaining at $8.5MM. That’s a hefty salary to pay the man who would be your third-string goalie next season if Georgiev is not moved. The Rangers have no shortage of options though if they cannot overcome the loyalty they feel toward Lundqvist. Defensemen Marc Staal, $5.7MM AAV, and Brendan Smith, $4.35MM AAV, have both outworn their welcomes in New York and would not be missed in the final years of their respective contracts.

Stay tuned for Part III coming soon.

New Jersey Devils Recall Cory Schneider, Hold Out Louis Domingue

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Friday: Domingue has cleared waivers. The Devils have assigned him to the AHL.

Thursday: The New Jersey Devils may have another trade brewing, as Mike Morreale of NHL.com reports the team will hold out goaltender Louis Domingue tonight for precautionary reasons. In the meantime, Cory Schneider has been recalled from the minor leagues along with Dakota Mermis. Nick Merkley is expected to come out of the lineup after taking a stick to the face in the Devils’ previous game.

Domingue has also been placed on waivers, something teams do at times in order to increase an asset’s trade value. Should Domingue clear, any acquiring club would be able to immediately send him to the minor leagues as a depth option.

The 27-year old Domingue was only acquired by the Devils a few months ago, swapped for a conditional seventh-round pick with the Tampa Bay Lightning. That condition—appearing in seven games—has already been completed, meaning the Devils may be looking to get a similar (or even greater) asset back for the goaltender.

In 16 appearances this season for the Devils, Domingue has a 3-8-2 record and .882 save percentage. Whatever value he may carry is likely due to the 21-5 record he put up for the Lightning in 2018-19, even though he still only had a .908 save percentage in those games.

Schneider meanwhile will return to the NHL after playing 14 games for the Binghamton Devils, posting a 7-7 record and .903 save percentage. It’s hard to imagine that he’ll ever return to being the goaltender that earned a seven-year, $42MM extension in 2014, but perhaps New Jersey can at least squeeze some production out of the 33-year old netminder.

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