As champions of the Alberta Hockey League, the Edmonton Eskimos earned the right to play a challenge series against the defending champions, the Montreal Wanderers.
With six of its seven players brought in especially to face the Wanderers, Edmonton established a new record for ringers on a Cup challenger. Only rover Fred Whitcroft was legitimate. Lester Patrick, Tom Phillips and Didier Pitre headlined the cast of imports.
After dropping the first game, Edmonton replaced two of its ringers with two regulars, Harold Deeton and Jack Miller, who had made the trip to Montreal. They responded, scoring three and two goals, respectively. It marked the Wanderers' first Stanley Cup loss in seven games.
Harry Smith scored six goals, including five in the first game, as the Wanderers successfully defended the Cup on total goals despite splitting the series.
1907-08 - Montreal Wanderers - Riley Hern, Art Ross, Walter Smaill, Frank (Pud) Glass, Bruce Stuart, Ernie Russell, Ernie (Moose) Johnson, Cecil Blachford (captain), Tom Hooper, Larry Gilmour, Ernie Liffiton, R.R. Boon (manager).
SCORES
| Dec. 28 | Edmonton | 3 | at Mtl. Wanderers | 7 |
| Dec. 30 | Edmonton | 7 | at Mtl. Wanderers | 6 |