The Rangers have alternated successful seasons with disappointing ones in Drury's four years as general manager.

Coming off the worst season of his four-year tenure as team president and general manager, Chris Drury has agreed to a multi-year contract extension to stay on with the Rangers, the team announced late Wednesday afternoon.

The New York Rangers agreed to terms on a multiyear contract extension with general manager Chris Drury on Wednesday, keeping him in charge of their hockey operations moving forward after underachieving this season and missing the playoffs.