Billy Jaffe (born April 2, 1969) is the former color analyst for the New York Islanders on MSG Plus. He was a color analyst and reporter for nationally televised hockey games on Versus and is currently an analyst for the NHL Network.

Jaffe played hockey for the University of Michigan from 1987–1989. He has also served as team-captain for the silver medal winning team USA at the Maccabiah Games held in Israel in 1997.

Jaffe began his broadcasting career as an analyst on the pre-game, intermission and post-game radio show for the Chicago Blackhawks during the 1998–99 season. After spending the 1999–2000 season as the Radio and Television Analyst for the Chicago Wolves of the International Hockey League, he joined the Atlanta Thrashers in September 2000. During his tenure with the Thrashers, he served primarily as the radio analyst, but also contributed to the Thrashers television coverage.

In addition to his work with the Thrashers, in October 2001, Jaffe served as color commentator for Fox Sports Net's coverage of the Cold War game between the University of Michigan and Michigan State which took place in outdoor Spartan Stadium on the Michigan State Campus. Jaffe took on another role acting as lead analyst for CSTV's Friday Night Hockey game of the week. He also served as a fill-in host on the Atlanta Braves studio show on TBS Superstation.