A renewed and powerful Knights team finished the 2015–16 season tied with the Erie Otters for the league lead with 105 points, but were denied the Hamilton Spectator Trophy by virtue of a tiebreaker. In the first round of the playoffs the Owen Sound Attack forced a sixth game before the Knights finished them off and began a thirteen-game winning streak, sweeping the Kitchener Rangers, Erie Otters and Niagara IceDogs en route to their third OHL championship and fourth Memorial Cup appearance in five seasons. The Knights entered the 2016 Memorial Cup as favourites due to their impressive winning streak and did not disappoint, dominating the round robin and outscoring their opponents by a combined score of 20–5. In the championship game, the Knights faced off against the CHL number-one ranked Rouyn-Noranda Huskies. The Huskies pushed the Knights to the limit, carrying a 2–1 lead late into the third period before Christian Dvorak scored with 4:11 remaining to force overtime, where a goal by Matthew Tkachuk earned the Knights their 17th-straight win and second Memorial Cup championship.