Goals Against Average is goals allowed per 60 minutes by a goalie. Lower is better. Below are the top 8 NHL playoff players ranked by Playoff Goals Against Average for 1937-38.
| # | Player | Team | GAA |
|---|---|---|---|
| 1 | 1.00 | ||
| 2 | 1.52 | ||
| 3 | 1.70 | ||
| 4 | 1.71 | ||
| 5 | 1.73 | ||
| 6 | D. KerrDave Kerr 27YG | 1.83 | |
| 7 | W. CudeWilf Cude 26YG | 3.44 | |
| 8 | 5.00 |