DENVER -The Colorado Avalanche reached into their storied past to try to get back to the playoffs.

The Colorado Avalanche announced Thursday that the organization has reached an agreement in principle with Patrick Roy to become the franchise's head coach.

The Avalanche will hold a press conference next week in Denver to formally introduce Roy.

Roy's younger brother, Stephane Roy, posted a Facebook note late Monday night saying his brother would be the new coach.

Roy won four Stanley Cups in his career, two with the Avalanche in 1996 and 2001. Sakic was team captain those years.

He also won Stanley Cups with the Montreal Canadiens in 1986 and 1993. He missed the playoffs once in his career. The Avalanche have missed the playoffs three consecutive years.

Since retiring, Roy has been with the junior league Quebec Remparts.

"All along Patrick was our top candidate and we are thrilled that he has decided to accept this offer," said Sakic. "Patrick has a great hockey mind, is a tremendous coach and there is no one more passionate about this game. He will bring that winning attitude to our dressing room to help this young team grow."