The midfielder's contract expired after Saturday's draw with Burnley but he will now stay at Hillsborough until February 19.
After training with the Owls for much of the summer, McPhail signed a short-term deal in September.
He has since made 13 appearances for the club and will be eligible for the FA Cup fourth-round tie at Rochdale on Saturday.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sheffield UnitedSheff Utd | 21 | 14 | 5 | 2 | 30 | 11 | 19 | 45 |
| 2 | Leeds UnitedLeeds | 21 | 12 | 6 | 3 | 37 | 15 | 22 | 42 |
| 3 | Burnley | 21 | 11 | 8 | 2 | 26 | 8 | 18 | 41 |
| 4 | Sunderland | 21 | 11 | 7 | 3 | 32 | 17 | 15 | 40 |
| 5 | Blackburn RoversBlackburn | 20 | 11 | 4 | 5 | 25 | 17 | 8 | 37 |
| 6 | Middlesbrough | 21 | 10 | 4 | 7 | 35 | 25 | 10 | 34 |
| 7 | Watford | 20 | 10 | 4 | 6 | 29 | 26 | 3 | 34 |
| 8 | West Bromwich AlbionWest Brom | 21 | 7 | 11 | 3 | 24 | 16 | 8 | 32 |
| 9 | Sheffield WednesdaySheff Weds | 21 | 8 | 5 | 8 | 26 | 30 | -4 | 29 |
| 10 | Swansea CitySwansea | 21 | 7 | 6 | 8 | 23 | 22 | 1 | 27 |
| 11 | Bristol City | 21 | 6 | 9 | 6 | 26 | 26 | 0 | 27 |
| 12 | Norwich CityNorwich | 21 | 6 | 8 | 7 | 36 | 32 | 4 | 26 |
| 13 | Millwall | 20 | 6 | 7 | 7 | 20 | 18 | 2 | 25 |
| 14 | Derby CountyDerby | 21 | 6 | 6 | 9 | 26 | 26 | 0 | 24 |
| 15 | Coventry CityCoventry | 21 | 6 | 6 | 9 | 27 | 30 | -3 | 24 |
| 16 | Preston North EndPreston | 21 | 4 | 11 | 6 | 21 | 27 | -6 | 23 |
| 17 | Stoke CityStoke | 21 | 5 | 7 | 9 | 23 | 28 | -5 | 22 |
| 18 | Queens Park RangersQPR | 21 | 4 | 10 | 7 | 21 | 27 | -6 | 22 |
| 19 | Luton TownLuton | 21 | 6 | 4 | 11 | 23 | 37 | -14 | 22 |
| 20 | Oxford UnitedOxford Utd | 20 | 4 | 6 | 10 | 21 | 33 | -12 | 18 |
| 21 | Cardiff CityCardiff | 20 | 4 | 6 | 10 | 19 | 32 | -13 | 18 |
| 22 | Portsmouth | 19 | 3 | 8 | 8 | 21 | 34 | -13 | 17 |
| 23 | Plymouth ArgylePlymouth | 20 | 4 | 5 | 11 | 19 | 42 | -23 | 17 |
| 24 | Hull City | 21 | 3 | 7 | 11 | 19 | 30 | -11 | 16 |
| > Championship Full Table | |||||||||
