THE CANADIAN PRESS

VANCOUVER — The Vancouver Canucks and goalie Cory Schneider have agreed "in principle" to a new contract, general manager Mike Gillis tweeted Thursday night.

We have agreed in principle to a deal with Cory Schneider. More news in the next few days.

— Mike Gillis (@GMMikeGillis) June 29, 2012

The 26-year-old Schneider was set to become a restricted free agent on Sunday.

Schneider took over in goal for Vancouver starter Roberto Luongo in this year’s playoffs as the Canucks were upset in the first round by the Los Angeles Kings.

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Programming alert: Get all your NHL free agent news and analysis on HOCKEY CENTRAL Free Agency 2012 on Sunday, July 1st at 12 p.m. ET and 6 p.m. ET, only on Sportsnet and sportsnet.ca.

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The Canucks have made it known this off-season that they are looking to trade Luongo and the remaining 10 years on his mammoth contract.

Schneider earned US$900,000 last year and is due for a hefty raise.

#NHL signing. Canucks agree on new 3 year deal worth 12M with G Cory Schneider. 4M is his new cap hit.

— Nick Kypreos (@RealKyper) June 29, 2012

In 68 career games, the Marblehead, Mass., native has a 38-17-4 record with a 2.24 goals-against average and a .928 save percentage.