[1][2] SKA Saint Petersburg defeated Metallurg Magnitogorsk four games to one to win their second Gagarin Cup Championship in three seasons.

The KHL had the third highest average attendance in Europe, averaging 6,121 spectators,[3] and the highest total attendance in Europe with 5.32 million spectators in the regular season.

The Chinese club HC Kunlun Red Star from Beijing, China joined the league, to become its 29th team.

[4][5] The Russian Club Metallurg Novokuznetsk was relegated due to debt.

[7][8][9][10] The playoffs started on 21 February 2017, with the top eight teams from each of the conferences and end with the last game of the Gagarin Cup final on 16 April 2017.