With owner Charles O. Finley unable to find a buyer, the league took over operation of the troubled California Golden Seals in February 1974. Fred Glover then resigned as general manager-coach. Garry Young, who had served as general manager from October 1971 to November 1972, agreed to return. Marshall Johnston, a defenseman for the Seals, retired and took over as coach.
The New York Rangers were floundering under new coach Larry Popein
and were in danger of missing the playoffs, and Emile Francis took over the coaching reins. The Rangers then improved enough to get into the playoffs.
Tragedy hit the NHL in the early morning hours of February 21 when 44 year-old Buffalo Sabres defenseman Tim Horton was killed in an automobile accident. He had been returning to Buffalo from Toronto at the time.
In the East Division, the Boston Bruins regained the top spot in the East and the league, behind an ongoing offensive juggernaut that saw Bruins' players finish 1–2–3–4 in NHL scoring (Phil Esposito, Bobby Orr, Ken Hodge, and Wayne Cashman) for the second and most recent time in league history.
The playoffs began on April 9 with the first round, which was played between divisional opponents. The top teams all won their first rounds, with one mild upset, as the third-place New York Rangers defeated the second-place Montreal Canadiens, marking the third straight year that they had defeated the defending Stanley Cup champions in the first round. In the second round, the teams played an inter-divisional round to determine the finalists. The Eastern champion Boston Bruins took on the Western's second-place Chicago Black Hawks, while the Western champion Philadelphia Flyers took on the New York Rangers. Boston won its series in six games to take one Finals spot, while Philadelphia won its series against the New York Rangers in seven games to make the team's first Finals appearance. In doing so, the Flyers became the first-ever post 1967 NHL expansion team to win a playoff series against an Original Six opponent. In the Finals, the Flyers won the series in six games against the Bruins to win not only the franchise's first championship but also to become the first post 1967 NHL expansion team and thus the first non 'Original Six' NHL team to win the Stanley Cup since the Montreal Maroons in 1935.[3]
Playoff bracket
Quarterfinals
Semifinals
Stanley Cup Finals
E1
Boston
4
E4
Toronto
0
E1
Boston
4
W2
Chicago
2
W2
Chicago
4
W3
Los Angeles
1
E1
Boston
2
W1
Philadelphia
4
W1
Philadelphia
4
W4
Atlanta
0
W1
Philadelphia
4
E3
NY Rangers
3
E2
Montreal
2
E3
NY Rangers
4
Quarterfinals
(E1) Boston Bruins vs. (E4) Toronto Maple Leafs
The Boston Bruins finished first in the league with 113 points. The Toronto Maple Leafs finished fourth in the East Division with 86 points. This was the 13th playoff meeting between these two teams. Toronto lead 8–4 in previous meetings. Boston won their most recent meeting in five games in the 1972 Stanley Cup Quarterfinals. Boston won four of the six games in this year's regular season series.
The Montreal Canadiens finished second in the East Division with 99 points. The New York Rangers finished third with 94 points. This was the 11th playoff meeting between these two teams with the teams splitting the ten previous series. They last met in the 1972 Stanley Cup Quarterfinals which New York won in six games. Montreal won four of the six games in this year's regular season series.
The Philadelphia Flyers finished first in the West Division and second in the league with 112 points. The Atlanta Flames finished fourth with 74 points, the lowest points earned by any playoff team in 1974. The Atlanta Flames made their first playoff appearance in their second season after entering the league in the previous year. This was the first playoff series meeting between these two teams. The teams split this year's six-game regular season series.
(W2) Chicago Black Hawks vs. (W3) Los Angeles Kings
The Chicago Black Hawks finished second in the West Division with 105 points. The Los Angeles Kings finished third in the West Division with 78 points. This was the first playoff series meeting between these two teams. Chicago won this year's six-game regular season series earning eight of twelve points.
This was the fourth playoff meeting between these two teams with Boston winning all three previous series. Boston won their most recent meeting in a four-game sweep in the 1970 Stanley Cup Semifinals. Chicago won this year's five-game regular season series earning seven of ten points.
This was the first playoff meeting between these two teams. The Bruins made their thirteenth Finals appearance; winning in their last appearance in 1972 where they defeated the New York Rangers in six games. The Flyers made their first Finals appearance in their seventh season since entering the league in the 1967–68 NHL season. Boston won this year's five-game regular season series earning seven of ten points. Boston was the prohibitive favorite entering the series.
However, the Philadelphia Flyers stunned the Bruins in six games to become the first non-Original Six team to win the Stanley Cup since 1935 and the first expansion team to do so since the league began expanding in 1967.
The following is a list of players of note who played their first NHL game in 1973–74 (listed with their first team, asterisk(*) marks debut in playoffs):
NOTE: Frank Mahovlich would finish his major professional career in the World Hockey Association.
Broadcasting
Hockey Night in Canada on CBC Television televised Saturday night regular season games and Stanley Cup playoff games. HNIC also produced Wednesday night regular season game telecasts for CTV.
This was the second season under the U.S. rights agreement with NBC, airing weekend afternoon regular season games and playoff games.
Dryden, Steve, ed. (2000). Century of hockey. Toronto, ON: McClelland & Stewart Ltd. ISBN0-7710-4179-9.
Fischler, Stan; Fischler, Shirley; Hughes, Morgan; Romain, Joseph; Duplacey, James (2003). The Hockey Chronicle: Year-by-Year History of the National Hockey League. Lincolnwood, Illinois: Publications International Inc. ISBN0-7853-9624-1.