The 2007-08 Carleton University Ravens men's basketball season began on August 31, 2007 with exhibition games against NCAA Division I teams, and with regular season games beginning on November 9. The season ended when the Ravens hosted the national championships at Scotiabank Place for the first time. Despite a stellar 22-0 regular season and 31-0 record against Canadian competition, the Ravens lost in the CIS semi-final to the Acadia Axemen, ending their 5 straight championships.