The Colorado Avalanche are set behind the bench for the foreseeable future following their announcement Tuesday of a three-year extension for Jared Bednar, the winningest head coach in franchise history.

Financial terms of the deal, which kicks in once Bednar's current contract runs out after the 2023-24 season, were not disclosed.

"Jared has done a tremendous job behind the bench and certainly deserves this extension and to continue as the leader of our team," Joe Sakic, the team's president of hockey operations, said in a statement.