The Florida Panthers and coach Gerard Gallant have agreed in principle on a two-year contract extension, the Miami Herald reported Friday.

The deal would take Gallant through the 2018-19 season. He was named Panthers coach on June 21, 2014, after spending two seasons as an assistant with the Montreal Canadiens.

Florida (27-12-4) is in second place in the Atlantic Division and has a seven-game winning streak, matching the longest in its history. The Panthers trail the Canadiens by one point with three games in hand.

Florida was 38-29-15 under Gallant last season, seven points from the second wild card into the Stanley Cup Playoffs from the Eastern Conference.

Gallant spent parts of three seasons as coach of the Columbus Blue Jackets, and was coach of the Saint John Sea Dogs in the Quebec Major Junior Hockey League where, with Panthers forward Jonathan Huberdeau, he won the QMJHL championship twice and the Memorial Cup in 2011.

The Panthers on Friday announced a contract extension for general manager Dale Tallon, which the Herald reported was for three years, and the promotion of Tom Rowe to associate general manager.