The deal will be two-way in year one ($700,00 NHL, $150,000 AHL) and one-way in year two ($700,000).
In 2017-18, Schmaltz collected one assist in 13 regular season games with the Blues. He also recorded 23 points (five goals, 18 assists) in 31 regular season games with the San Antonio Rampage of the American Hockey League.
Schmaltz was originally drafted by the Blues in the first round (No. 25 overall) in the 2012 NHL Draft.