The Hurricanes signed head coach Bill Peters to a contract extension through the 2018-19 season, GM Ron Francis said Wednesday.

Peters has a record of 65-72-27 in two seasons while leading the Hurricanes' rebuilding project. They finished this season sixth in the Metropolitan Division with a 35-31-16 record, but earned 86 points -- their most since 2010-11, and a 15-point improvement from Peters' first year.

"We knew it wasn't going to be a quick turnaround," Peters said. "It takes time. ... I just like the direction we're headed in, and we're headed in that direction for a long period of time."