Named after the first (and only) commissioner of the DFHL, the Clark Rasmussen Trophy was awarded to the playoff champion of the Wayne Gretzky Conference. This award was replaced in Season Ten by the Ryan Soelberg Trophy.
| Season | Winner(s) |
|---|---|
| 9 | California Seals (GM: Mark Coleman) |
| 8 | Minnesota North Stars (GM: Clark Rasmussen) |
| 7 | Minnesota North Stars (GM: Clark Rasmussen) |
| 6 | Minnesota North Stars (GM: Clark Rasmussen) |
| 5 | Winnipeg Jets (GM: Drew Jarvis) |
| 4 | Kansas City Scouts (GM: Ben Williamson) |
| 3 | Winnipeg Jets (GM: Drew Jarvis) |
| 2 | Minnesota North Stars (GM: Clark Rasmussen) |
| 1 | St. Louis Eagles (GM: Nick Moore) |