Another major off-season issue was the goaltending situation. Given that the salary cap for the 2013–14 season would be reduced by $6 million from the 2012–13 season, there was speculation that the Canucks would be unable to hold onto both goaltenders Roberto Luongo and Cory Schneider. Trade rumours centred around the 34-year-old Luongo, despite the fact that his contract carried an annual cap hit of $5.33 million, and was set to expire at the end of the 2021–22 season. In the end, Luongo's contract made him too expensive to trade. Schneider left Vancouver in a deal with the New Jersey Devils, in exchange for their first-round pick in the 2013 NHL Draft which was used to select Bo Horvat.