The 2008 Channel One Cup was held from December 18-21, 2008, in Moscow, Russia. One game was also played in Malmo, Sweden. Russia won the tournament.
Results[]
| RUS | FIN | CZE | SWE | W | OTW | OTL | L | Goals | Pts | ||
| 1. |  Russia |
*** | 4:1 | 5:2 | 6:2 | 3 | 0 | 0 | 0 | 15:5 | 9 |
| 2. |  Finland |
1:4 | *** | 5:2 | 2:1sn | 1 | 1 | 0 | 1 | 10:9 | 5 |
| 3. |  Czech Republic |
2:5 | 2:5 | *** | 6:2 | 1 | 0 | 0 | 2 | 10:12 | 3 |
| 4. |  Sweden |
2:6 | 1:2sn | 2:6 | *** | 0 | 0 | 1 | 2 | 5:14 | 1 |