Flyers general manager Paul Holmgren announced the extension Wednesday. Terms of the deal were not disclosed.
Laviolette has compiled a 122-73-26 record since taking over for John Stevens in December 2009. He led the Flyers to an appearance in the Stanley Cup finals that season after Philadelphia bested Boston in the conference semifinals despite losing the first three games of the series.
The Flyers collected 47 wins in each of the last two seasons only to be knocked out in the Eastern Conference semifinals, most recently by the New Jersey Devils.
Holmgren says Laviolette has done "a terrific job" to earn the extension.
That was something I've been dreaming of, something I've told myself before the third period I was going to do ... It was an amazing feeling. It's hard to describe. I didn't believe it went in at first but when I saw all the reaction and all the fans going crazy and my teammates going crazy, it's just an unbelievable feeling. I didn't know what to do. I didn't know whether to jump or just skate and do a Theo Fleury. I don't think I'm the same caliber player he is so I couldn't do it.
— Flames forward Mikael Backlund on scoring the overtime winner against the Ducks in Gm. 3