Vengeance: Night of Champions was the seventh annual Vengeance as well as the inaugural Night of Champions professional wrestling pay-per-view (PPV) event produced by World Wrestling Entertainment (WWE). It was held for wrestlers from the promotion's Raw, SmackDown!, and ECW brand divisions. The event took place on June 24, 2007, at the Toyota Center in Houston, Texas. It was the final Vengeance event until 2011, as Night of Champions continued in its place. Per the theme of the event, every match on the card was contested for one of WWE's nine then-active championships; only one person won a championship and the others were retained.

Toyota Center is an indoor arena located in Houston. It is named after the Japanese automobile manufacturer Toyota. The arena is home to the Houston Rockets of the National Basketball Association (NBA), and it was once the home of the Houston Aeros of the American Hockey League (AHL), and the Houston Comets of the Women's National Basketball Association (WNBA).