However, numerous media outlets have reported that Tortorella will return behind New York's bench in September.
But according to Katie Strang of ESPNNewYork.com, Tortorella will be under the microscope next season. If the team fails to come out of the gate strong, it's possible the Rangers could make a mid-season coaching change.
Tortorella has posted a 171-115-29 record in 315 regular-season games behind the Rangers' bench, since joining the club in the middle of the 2008-09 season.
The Rangers' 51 wins last season was a career-high for Tortorella. The team lost in to the New Jersey Devils in the Eastern Conference Finals.
Meanwhile, Strang also reports that the Rangers will be looking for a top-four defenseman this summer, along with a big centerman.
Rangers blueliner Michael Del Zotto, who has been the subject of much trade discussion in the last two seasons, could be dangled as trade bait for a young center.
As for the future of center Brad Richards, all signs point to the former Conn Smythe Trophy winner being bought out this summer. Teams can begin buying out players as of 48 hours after the last game of the Stanley Cup Final. The deadline runs through July 4, the day before the free agent market opens.