Christmas Eve Massacre 2008 was the third CPV for YCW. It took place on December 24th, 2008 at Madison Square Garden in New York, NY. The official theme songs were "Christmas in Hollis" by Run DMC and "Jingle Bells" by Rob Zombie. The tagline is "Silent Night, Bloody Night...".
YCW Hardcore Championship Match:
- John McCoy(c) defeated Big Fat Oily Guy in a Hardcore invitaional
Money in The Bank - Ladder Match
- Cody Punk won the match and defeated Pierre St. Paul. HardKore, Angel, Tornado, & Brett Clarke
Triple Threat Hardcore Match:
- Jermaine Jacobs & Braden Hardy defeated CJ Spears & Jay Hawkins & The United Nations(c) to win the YCW Tag Team Championship
- Wynter defeated Aimee Lovejoy(c) to win the YCW Vixen's Championship
Hell in A Cell:
- Malice defeated Bryan Payne
YCW Championship Match:
- PJ Walker(c) defeated JT Money to retain the YCW Championship
- The YCW Tag Team Championship was supposed to be a tag team turmoil match, but it change into a triple threat hardcore match for those titles.
- Pierre St. Paul attacked Cody Punk in the parking lot and stole the money in the bank briefcase.
- Pierre St. Paul tried to cash in the money in the bank briefcase after the main event, but Cody Punk stoped him and beat the hell out of him and also beat the hell out of him from PJ Walker too.