Schroeder was re-signed to a one-way contract worth $600,000, which is less than his qualifying offer of $850,500.
He likely took a pay cut to get the securities of a one-way contract and the Canucks were willing to oblige since Schroeder will become eligible for waivers this coming season.
The third line centre position is up for grabs this coming season and Schroeder is expected to compete with unrestricted free agent signing Brad Richardson for the spot. He also has experience playing right wing, so Canucks head coach John Tortorella might give him a try in the top-six with Henrik Sedin or Ryan Kesler.
Sauve got a two-way contract from the Canucks valued at $65,000 in the AHL and $708,750 in the NHL.
The Canucks issued qualifying offers to both players to retain their rights on July 2. Their qualifying offers had expired on Thursday, July 15 at 2pm PDT.