Prior to the Bills meeting the Panthers in Week 2 this season, McDermott said, "Mike Shula does an incredible job of moving pieces around" and called the Panthers a "very dynamic offense".
Buffalo ranked 29th in the National Football League in total offense (302.6 yards per game) and 22nd in scoring (18.9 ppg).
McCoy was sacked from the Broncos midseason after returning to the team for a second stint (where, coincidentally, he replaced Dennison as coordinator in 2009).
McCoy is expected to be a candidate to join McDermott's staff in Buffalo.
McDermott was non-committal when discussing potential coaching staff changes during the season-ending news conference on Tuesday.
"It'll be a collaborative deal, [but] at the end of the day, it'll be my decision to make", Beane said.
"We're building this thing together", McDermott said then.
The play resulted in an offensive pass interference penalty on wide receiver Kelvin Benjamin and the Bills settled for a field goal in the 10-3 loss. Averaging 176.6 passing yards per game, the Bills were second-to-last in that category, but thanks largely to stud running back LeSean McCoy, they were sixth in rushing offense at 126.1 yards per game.
The 2018 season will mark the fourth offensive coordinator change since 2014, with Anthony Lynn (2016), Greg Roman (2015-2016) and Nathanial Hackett (2013-2014) on the list. The 45-year-old McCoy compiled a regular-season record of 27-37 as Chargers head coach. But there is one interesting connection: McDermott and McCoy have the same agent, Bob LaMonte. Taylor's production declined in his third year as a starter and he was benched in favor of rookie Nathan Peterman for a game at the Los Angeles Chargers in November.