The following lockout-shortened 1994–95 season, McLean appeared in 40 of the Canucks' 48 games, and recorded all the team's 18 wins. Winning his third and final Molson Cup, he posted a career-high .904 save percentage along with a 2.75 GAA. Before the season ended, McLean signed a five-year contract extension that included the 1994–95 season, worth an approximate $2.4 million per season, on April 5, 1995. Vancouver failed to defend their Western Conference title of the previous year's playoffs, however, as the Chicago Blackhawks swept them in the second round.