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Cory Schneider signs 7-year extension with Devils

The New Jersey Devils have signed goalie Cory Schneider to a seven-year contract extension reportedly worth $42 million US.

In his first season with the Devils last year, Schneider was 16-15-12 with a 1.97 goals-against average, a .921 save percentage and three shutouts in a career-high 45 games.

He would have become an unrestricted free agent following the upcoming season, in which he'll make $4.5 million.

Schneider was acquired from Vancouver at the 2013 NHL Entry Draft for the ninth-overall pick, which the Canucks used to select Bo Horvat.

The six-foot-two, 200-pound netminder has a career mark of 71-41-20 with 12 shutouts and a 2.12 GAA in 143 games with Vancouver and New Jersey. Along with Roberto Luongo, Schneider won the 2010-11 Jennings Trophy, given to the goalkeeper(s) having played a minimum of 25 games for the team with the fewest goals scored against.

"With today's signing, we have solidified our goaltending for the present and the future," Devils president and general manager Lou Lamoriello said in a statement. "Cory demonstrated throughout the year what he could bring to our organization, both on and off the ice."