| Game Name: | 43rd NHL All-Star Game |
| Visitor: | Campbell |
| Home: | Wales |
| Visitor Per1: | 2 |
| Visitor Per2: | 6 |
| Visitor Per3: | 2 |
| Visitor Total: | 10 |
| Home Per1: | 1 |
| Home Per2: | 2 |
| Home Per3: | 3 |
| Home Total: | 6 |
| Date: | January 18, 1992 |
| Arena: | Spectrum |
| City: | Philadelphia, Pennsylvania, U.S. |
| Mvp: | Brett Hull (St. Louis) |
| Attendance: | 17,380 |
| Previous: | 1991 |
| Next: | 1993 |
The 43rd National Hockey League All-Star Game was contested at The Spectrum in Philadelphia on 18 January 1992. It featured 16 goals as the Campbell Conference defeated the Wales Conference, 10–6. Brett Hull was named as the All-Star M.V.P. by recording two goals and one assist, while playing on a line with Los Angeles Kings' Wayne Gretzky and Luc Robitaille. This was also the first All-Star Game in which the San Jose Sharks sent a representative.
For the first time, the responsibility to choose the non-starting members of the teams was transferred to a committee of general managers. The breadth of NHL talent available was highlighted as 13 players made their All-Star debut. Seven of those players would also score their first-ever All-Star goals that included first-timers Owen Nolan, Alexander Mogilny, Gary Roberts and Randy Burridge.
Also for the first time, not a single penalty was called and three goaltenders were employed for each team, with each goalie playing one period. Previously, two goaltenders had shared duties, switching halfway through the second period.
Lastly, the Fastest Skater event was introduced in the Super Skills Competition.
As part of the NHL's 75th anniversary celebrations, the league used modernized versions of the All-Star uniforms worn between 1947 and 1959. As the home team, the Wales Conference wore white uniforms with a red and blue sleeve stripe pattern, and blue trim, while the Campbell conference wore red uniforms with blue and white sleeve stripes and white trim. The NHL 75th anniversary patch was worn on the upper left chest. No additional shoulder patches were worn, making this the first All-Star event since before Rendez-Vous '87 not to feature the logo for the game itself.
The Super Skills Competition required five tie-breaking penalty shots, until Mario Lemieux scored to claim the victory for the Wales Conference. In addition, Ray Bourque set a record by hitting four targets on four shots in the Accuracy Shooting event and in the inaugural Fastest Skater event finals, Sergei Fedorov defeated his former Soviet linemate Alexander Mogilny in a photo finish.
| Wales Conference | Campbell Conference | ||
|---|---|---|---|
| Final score | 6 | 10 | |
| Scoring summary |
|
| |
| Penalties | none | none | |
| Shots on goal | 14–9–18–41 | 15–12–15–42 | |
| Win/Loss | W - Tim Cheveldae |
25 - LW 
89 - RW