The Philadelphia Flyers have given head coach Peter Laviolette a multi-year extension.
Named the head coach of the team in December 2009, Laviolette has posted a record of 122-73-26.
"We are thrilled to have Peter continue his work with our group as we push to compete for the Stanley Cup," said general manager Paul Holmgren. "Peter has done a terrific job for us and is very deserving of this extension."
Laviolette took over after John Stevens was fired following a 13-11-1 start to the 2009-10 season. The Flyers went on to finish seventh in the Eastern Conference before making a run at the Stanley Cup.
After defeating the Devils in five games in the opening round, the Flyers rallied from a 3-0 hole in the conference semifinals to beat the Boston Bruins, becoming just the third team to accomplish the feat, then defeated the Montreal Canadiens in the conference finals to reach the Stanley Cup for the first time since 1997.
However, the club fell short in its bid for their first title since 1975 as the Flyers were taken down by the Chicago Blackhawks in six games.
The past two years have seen Philadelphia post consecutive 47-win seasons, but both years have produced disappointing second-round losses to the Bruins and Devils, respectively.
"I was really excited to come to a market like Philadelphia, and an organization like this with the history, the ownership, and working for Paul," said Laviolette. "I'm as excited today as I was back then about being able to move forward. There's a great group of players here and to come back and be able to continue to work here is where I want to be."
Prior to his job with the Flyers, Laviolette was the head coach of the Carolina Hurricanes, guiding the team to their one and only Stanley Cup championship in the spring of 2006. He took over the team during the 2003-04 season and was fired in December 2008.
He also coached the New York Islanders for two seasons and is 366-257-25-60 as a head coach. Also, his clubs have gone 43-39 in the postseason and he was the head coach of the United States men's hockey team at the 2006 Olympics, which ended with a loss to Finland in the quarterfinals.