It was held between March 19 and 21, 1970, and concluded with Cornell defeating Clarkson 6–4.
All games were played at the Olympic Arena in Lake Placid, New York.
Four teams qualified for the tournament, two each from the eastern and western regions.
An at-large bid was offered to a second eastern team based upon both their ECAC tournament finish as well as their regular season record.
[1] The ECAC champion was seeded as the top eastern team while the WCHA co-champion with the better regular season record was given the top western seed.