The tournament featured three rounds of play. In the first round, the fourth and fifth ranked seeds, Wayne State and Alabama-Huntsville, played for entry into the semifinals, to which the top three seeds received byes. The winners of the two semifinal games then played for the championship on March 16, 2008, with the winner receiving an automatic bid to the 2008 NCAA Division I Men's Ice Hockey Tournament.
Conference standings
Note: GP = Games played; W = Wins; L = Losses; T = Ties; PTS = Points; GF = Goals For; GA = Goals Against