Team Canada's executive director says he will not lead the team into the 2018 Olympics in Pyeongchang, South Korea.
Yzerman built the team that beat Sweden 3-0 on Sunday to capture a second straight men's hockey gold at the Sochi Olympics.
He leaves his post after leading Team Canada to back-to-back gold medals for the first time since 1948 and 1952.
He assembled one of the best defensive lineups ever to wear the Maple Leaf in Sochi as Canada gave up just three goals in six games.
They shut out the Americans 1-0 in the semifinals before defeating Sweden in the final.
When asked if the team in Sochi is the best defensive crew ever to represent Canada, Yzerman said "I believe so."
It's still not clear if NHL players will participate in the 2018 Olympics.