Conn Smythe coached the Graduates to the 1927 Allan Cup championship during the Ontario Hockey Association season, but refused to go to the Olympics due to disagreements on which players were added to the team by the Canadian Olympic Committee. The Graduates went without Smythe, led by team captain Red Porter.[2] Canadian Olympic Committee member W. A. Hewitt was opposed to the format of the hockey tournament, which saw the Canadian team receive a bye into the second round. He wanted the team to have more games, rather than be idle for a week.[3] Despite the wait to play, the Graduates won all three games by scoring 38 goals and conceding none, to win the gold medal.[4]
(*) NOTE: Only counts players who participated in at least one game. Not all reserve players are known.
Defending champion Canada, which outscored its opponents 132–3 in the previous competition, was granted a bye to the medal round, after officials realised how superior they were to all of the other teams.[5] The other 10 teams were placed in three groups for the first round.
The top teams from each of the three groups were joined by defending champion Canada in the medal round, playing a 3-game round-robin to determine the medal winners.
Team Hungary was the oldest team in the tournament, averaging 31 years and 6 months. Team Belgium was the youngest team in the tournament, averaging 21 years and 6 months. Gold medalists Canada averaged 24 years and 10 months. Tournament average was 26 years and 9 months.[7]