1937-38 League Champions

1937-38 League champions
 * Austria EK Engelmann
 * Czechoslovakia LTC Praha
 * Finland Ilves Tampere
 * France Francais Volants Paris
 * Germany SC Riessersee
 * Hungary BKE Budapest
 * Italy AMDG Milano
 * NHL Chicago Blackhawks
 * Norway Trygg
 * Romania Dragos Voda Cernauti
 * Sweden AIK Stockholm
 * Switzerland HC Davos