Although the Green Bay Packers had finished the season with 10 wins, the league title was determined by winning percentage, with ties omitted, so The Portsmouth Spartans and the Chicago Bears finished the season tied for first place (6–1). For the first time, the NFL arranged for a playoff game to determine the NFL champion. Extremely cold weather forced the game to be moved from Wrigley Field to the indoor Chicago Stadium. The makeshift football field in the stadium was only 80 yards long with undersized endzones. The planners were forced to move the goal posts to the goal line because there was not enough space to put them at the back of the endzone, as was standard in college and professional ball; apparently this change was favored since keeping the goal posts at the goal line was one of the several changes the league made to the rules starting in 1933. The Bears won the game 9–0, which was scoreless until the fourth quarter. The game counted in the final standings, which moved the Spartans to third place.
Following the 1932 season, the NFL would be split into two divisions (and later two conferences), the champions of whom would meet in a championship game. This was the result of the end of the 1932 season: there was a tie in the standings at the end of regularly scheduled play. Tie games did not count at all, so the Spartans' (6–1–4) and the Bears' (6–1–6) records both qualified as 6 wins, 1 loss, for a .857 percentage. Under the half-win, half-loss treatment used later for ties, Portsmouth would have finished at .727 and Chicago at .692, respectively, while Green Bay's 10–3–1 would have won the championship at .750.
The Green Bay Packers were unbeaten (8–0–1) after nine games, and after the Thanksgiving weekend, their 10–1–1 record was still well ahead of Portsmouth (5–1–4) and Chicago (4–1–6). In Week Twelve (December 4), the Spartans handed the Packers a 19–0 defeat, while the Bears beat the Giants 6–0. Portsmouth, at 6–1–4 (.857) took the lead, while the Packers (10–2–1) and the Bears (5–1–6) were tied for second (.833). In Week Thirteen, the Bears hosted the Packers. Had Green Bay won, an 11–2–1 finish would still have kept it at second (.846), but the Bears handed the Packers a 9–0 loss, giving them a 6–1–6 finish and a tie in the standings with Portsmouth. Though described as a "playoff", the Bears 9–0 win over Portsmouth on December 18 counted in the regular season standings, with the Bears (7–1–6 and .875) ahead of the Packers (10–3–1 and .769) and the Spartans (6–2–4 and .750).
Note: Tie games were not officially counted in the standings until 1972.
* The Bears and Spartans records include the result of the 1932 NFL Playoff Game, hence the Spartans lower winning percentage than the Packers.