The Oilers were 36-40-6 and missed the Stanley Cup Playoffs this season after reaching the Western Conference Second Round in 2017, their only postseason appearance since 2006. Edmonton was sixth in the Pacific Division and 17 points behind the Colorado Avalanche for the second wild card into the playoffs from the Western Conference.
McLellan, 50, will have a new staff of assistants next season. Jim Johnson and Ian Herbers were fired Friday, and Jay Woodcroft was named coach of Bakersfield, Edmonton's American Hockey League affiliate.
McLellan is 114-109-23 in three seasons with the Oilers. In 10 seasons as an NHL coach with the Oilers and San Jose Sharks, he is 425-272-89 and has reached the playoffs seven times.
Oilers chief executive officer Bob Nicholson said April 12 that general manager Peter Chiarelli would return but made no guarantee that McLellan or his assistants would be back.
"It's all being evaluated at this time," Nicholson said. "We are going through the process with not just the coaches but within hockey operations and within the [Oilers Entertainment Group] staff."
The Oilers have the ninth-best odds of winning the 2018 NHL Draft Lottery, which will be held Saturday (7:30 p.m. ET; NBC, CBC, TVAS).
