The Great Depression began to take its toll on the NHL. The Ottawa Senators and Philadelphia Quakers both dropped out, leaving just eight teams. The Senators had won four Stanley Cups during the previous decade, while the Quakers had spent just one season in Philadelphia after the franchise entered the league as the Pittsburgh Pirates in 1925.
In Toronto, though, Conn Smythe bucked the economic trend by opening Maple Leaf Gardens as his team's home rink.
The Montreal Canadiens again won the Canadian Division while the New York Rangers were tops in the American Division. The Rangers eliminated the Canadiens in their series, while the Toronto Maple Leafs beat the Chicago Black Hawks and Montreal Maroons to get into the final series.
Led by their 'Kid Line' of Charlie Conacher, Busher Jackson, and Joe Primeau, Toronto swept to the Stanley Cup in a series that was played in three different cities. The first game was in New York and the second was in Boston because a circus was booked into Madison Square Garden. The Maple Leafs then closed the series out at home.