The Rangers had Stanley Cup-contending aspirations coming off a trip to the Eastern Conference final. Instead, they struggled through off-ice drama involving captain Jacob Trouba, who was traded to Anaheim in December.

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

“I am pleased that Chris will continue to lead the Rangers hockey operations in his role as President and General Manager,” MSG Sports Executive Chairman and CEO James Dolan wrote in the official statement. “Over his tenure, Chris has shown passion for the Rangers, relentless work ethic, and a tireless pursuit of excellence.