Standings, 1927-28 season
A win is worth 2 points. A tie (T) is worth 1.
American Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Boston Bruins y |
44 | 20 | 13 | 11 | 51 | 77 | 70 | +7 |
| 2 |  New York Rangers  x |
44 | 19 | 16 | 9 | 47 | 94 | 79 | +15 |
| 3 |  Pittsburgh Pirates x |
44 | 19 | 17 | 8 | 46 | 67 | 76 | -9 |
| 4 |  Detroit Cougars e |
44 | 19 | 19 | 6 | 44 | 88 | 79 | +9 |
| 5 |  Chicago Blackhawks e |
44 | 7 | 34 | 3 | 17 | 68 | 134 | -66 |
Canadian Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Montréal Canadiens y |
44 | 26 | 11 | 7 | 59 | 116 | 48 | +68 |
| 2 |  Montreal Maroons x |
44 | 24 | 14 | 6 | 54 | 96 | 77 | +19 |
| 3 |  Ottawa Senators (1917) x |
44 | 20 | 14 | 10 | 50 | 78 | 57 | +21 |
| 4 |  Toronto Maple Leafs e |
44 | 18 | 18 | 8 | 44 | 89 | 88 | +1 |
| 5 |  New York Americans e |
44 | 11 | 27 | 6 | 28 | 63 | 128 | -65 |
x Clinched Playoff spot
y Clinched Division
p Presidents' Trophy
z Clinched Conference
e Eliminated from Playoff contention
Stanley Cup champions