It is very possible at this point. CSTV is reporting that McElwain (Fresno State OC) is going to meet with Nick Saban in Tuscon, Arizona about the Alabama opening (a midway meeting point I assume). The report also states that “both sides believe a deal could be reached. The position became open when Tide offensive coordinator Major Applewhite returned to the University of Texas”. Here is the LINK
If you want to hear from Jim McElwain himself, here is an ESPN radio interview from last year. I’m sure many Alabama fans will be thrilled that he is buddies with Colin Cowherd.