By the 1925–26 season, WHL teams were openly selling players to their richer NHL rivals to stay afloat. The NHL board of governors intervened by purchasing the contracts of every player in the WHL for $258,000 and the league formally disbanded. The remnants of five former WHL teams immediately formed the professional Prairie Hockey League (PHL)
| TEAM | W | L | T | Pts | ||
| y |  | Edmonton | 19 | 11 | 0 | 38 |
| x |  | Saskatoon | 18 | 11 | 1 | 37 |
| x |  | Victoria | 15 | 11 | 4 | 34 |
 | Portland | 12 | 16 | 2 | 26 | |
 | Calgary | 10 | 17 | 3 | 23 | |
 | Vancouver | 10 | 18 | 2 | 22 |