The 30-year-old winger, signed through the next three seasons, led the Jets in scoring last year with 78 points in 82 games.
"For me, this is obviously a huge honor," Wheeler said. "I really look forward to being the leader of this team. It's not just going to be us three, we have a great group of men in our room."
Wheeler becomes the second team captain since the franchise's relocation from Atlanta in 2011.
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