The celebration was short lived though, as goaltender Chuck Gardiner died on June 13, 1934, due to a brain hemorrhage.
In the off-season, the Black Hawks and Montreal Canadiens would make a huge trade, as the Canadiens sent Lorne Chabot, Howie Morenz and Marty Burke to the Hawks in exchange for Lionel Conacher, Roger Jenkins and LeRoy Goldsworthy.
Paul Thompson would lead the team with 39 points, scoring 16 goals and adding 23 assists.
The Black Hawks would face the Montreal Maroons in the opening round of the playoffs in their quest for their second-straight Stanley Cup, as the teams faced off in a two-game, total goals series.
The teams would play to a 0–0 draw in the opening game in Montreal, then in the 2nd game in Chicago, the series would come to an end as the Maroons surprised the Black Hawks with a 1–0 OT victory, drawing an end to the Hawks season.