The Penguins and coach Michel Therrien have agreed on a three-year contract that would keep him with the team through the 2010-11 season.
"Michel has done a tremendous job with our team over the past two-and-a-half seasons, developing our young players while leading us to division and conference championships and the Stanley Cup finals," General Manager Ray Shero said. "He had one year remaining on his previous contract, and we could have simply talked about an extension. But we thought that, based on the success we've had together, it was time to negotiate a new deal, starting with an increase in compensation for the 2008-09 season."
Therrien, 44, has led the Penguins to a 94-51-19 record over the past two seasons.
"I'm excited to have a new three-year contract with the Penguins and am looking forward to continued success here in Pittsburgh," Therrien said. "It is a great hockey city with an outstanding fan base. All of our players comment on how much they love playing in Pittsburgh, and I can tell you that our coaches love coaching in Pittsburgh.
"We still have a lot of work to do, though, because we fell short of our biggest goal last season. Our goal is, and always will be, to win the Stanley Cup.