He was inducted into the Russian and Soviet Hockey Hall of Fame in 1964.

CSKA won against the Boston Bruins and New York Rangers, tied the Montreal Canadiens (who would go on to win the Cup later in the year) and lost to the Philadelphia Flyers.

The loss to the Flyers gained extra notoriety when, during the first period, Loktev pulled the team off the ice after Flyers defenceman Ed Van Impe delivered a body check to Valeri Kharlamov that Loktev felt should have been penalized.

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