The 1997–98 Michigan Wolverines men's ice hockey team represented the University of Michigan in intercollegiate college ice hockey during the 1997–98 NCAA Division I men's ice hockey season. The head coach was Red Berenson and the team captain was Matt Herr. The team played its home games in the Yost Ice Arena on the University campus in Ann Arbor, Michigan. The team finished second in the Central Collegiate Hockey Association regular season, lost in the semifinals of the CCHA Tournament and won the 1998 NCAA Division I Men's Ice Hockey Tournament.