The 57-year-old is 62-29-7 in three seasons since replacing Bruce Boudreau as coach Feb. 14, 2020. The 62 wins are tied with the Tampa Bay Lightning for fourth in the NHL during that span, behind the Vegas Golden Knights (71), Colorado Avalanche (65) and Carolina Hurricanes (63).
"We're excited," Evason said. "We're all excited about moving forward. We know the organization has taken steps forward. But as we've talked about so many times before, success is the Stanley Cup, right? You can have little steps along the way, which we've had a couple little steps, but we haven't taken any big steps yet. That's our goal, is to win the Stanley Cup. If it's not, then what are we doing here? It's our organization clearly, that's what we want to accomplish. Hopefully we're on our way to do that."
The Wild (19-9-2) are second in the Central Division, one point behind the St. Louis Blues, their opponent in the 2022 Discover NHL Winter Classic at Target Field in Minneapolis on Saturday (7 p.m. ET; TNT, SN1, TVAS, NHL LIVE).
Evason was in the final season of a two-year contract he signed July 13, 2020.
"You try to do things right and you go through this process and learning at every stage," Evason said. "And every coach does it, and hopefully when you get to this level you're still learning, of course, but hopefully you're understanding more of how you want to conduct yourself personally, and more importantly how you want your group to conduct themselves. It's been a wonderful fun path, journey, and it's going to continue. It's great."
The Wild finished third in the eight-team Honda West Division last season, and Evason was second in voting for the Jack Adams Award as NHL coach of the year, behind Rod Brind'Amour of the Hurricanes.
The Wild reached the postseason in each of Evason's first two seasons. They lost to the Vancouver Canucks in four games in the best-of-5 Stanley Cup Qualifiers in 2020 and lost to the Golden Knights in seven games in the best-of-7 Stanley Cup First Round last season.
"I think Dean is a great communicator," Wild general manager Bill Guerin said. "I think he's always up front and honest with the guys. I think that goes back to probably his playing days ... as a player, you just want to know what's going on. You want to know your position. You want to know where you stand in the team, and Dean is always very upfront with the guys. So I think his communication is one of his strengths. I like Dean's fire. I like his passion. It's kind of funny, but he's got passion and compassion. So there's a lot to like about what Dean brings to the table."
Assistants Darby Hendrickson, Brett McLean and Bob Woods, goaltending coach Frederic Chabot, and video coaches T.J. Jindra and Jonas Plumb also signed multiyear contracts.
"I've got full confidence in Dean and the entire staff," Guerin said. "I think they've proven that they're a very capable staff and all good coaches. I think the turnaround of our team is evident of that. I'm very confident in this group. So it was just a matter of getting around to it and Dean and I finding some time to hammer it out. They're all good guys to work with and very reasonable. ... They want to be here. I think I was fair. So it kind of made it easy. They're easy guys to work with."
NHL.com independent correspondent Jessi Pierce contributed to this report