The Phoenix Coyotes announced on Friday that general manager Don Maloney signed a long-term contract extension to stay with the franchise.
The contracts of Maloney and coach Dave Tippett's were scheduled to expire this summer, and the Coyotes face an uncertain future as far as ownership.
The team has been under league management for four seasons.
"I am grateful to continue working for this franchise," Maloney said in the statement. "We have a strong core of talented people, both on and off the ice, who are committed to building a championship team and a first-class organization. I would like to thank NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly for their tremendous support these past few years."
Maloney has been with the Coyotes since May 2007/
"We are very pleased that Don has agreed to sign a long-term contract extension with the Coyotes," NHL Deputy Commissioner Bill Daly said in a statement issued by the team. "Since joining the team in 2007, Don has done an outstanding job managing his team and building a competitive roster that has produced on the ice, even given less than ideal circumstances off the ice. The NHL remains committed to securing the Coyotes' future in Glendale under new ownership, and we believe Don's long-term agreement evidences that he is equally committed."