The 2008 Icelandic Men's Football League Cup was the 13th season of the Icelandic Men's League Cup, a pre-season professional football competition in Iceland. The competition started on 22 February 2008 and concluded on 1 May 2008. Valur beat Fram 4–1 in the final to win their first League Cup title.

The 24 teams were divided into 4 groups of 6 teams. Every team played every other team of its group once, either home or away. Top 2 teams from each group qualified for the quarter-finals.

The games were played from 22 February to 15 April 2008.