Devils, Shero sign multi-year contract extension

The New Jersey Devils and general manager Ray Shero have agreed to a multi-year contract extension, the team announced Monday. Contract details were not disclosed.

The Devils hired Shero on May 4, 2015, to replace Lou Lamoriello. In his four seasons at the helm, the team has made the playoffs just once -- in 2017-18 -- and lost in five games to the Tampa Bay Lightning in the first round of the Eastern Conference playoffs. The Devils finished 31-41-10 this season, 15th out of 16 teams in the Eastern Conference, and had the third-worst record in the NHL.

Shero, 56, previously served as the general manager of the Pittsburgh Penguins from 2006-14.