New York defeated the defending champion Canadiens in a best-of-five 3–1 to advance to the finals. The Leafs had to play two total-goals series; 6–2 against 1931 finalists Chicago, and 4–3 against the Maroons.
Frank O’Connor†, Alfred Rogers†, Frank Ralph†, Victor Ross†, William Ross†, Horne Smith†,
Sigmund Samuel†, John Tory† (Investors).
† Left off the newer ring.
Stanley Cup engraving
Conn Smythe's son Stafford Smythe (who later served as president of the Toronto Maple Leafs from 1958 to 1970) is the youngest person to be engraved on the Stanley Cup, engraved in 1932 at age 11. His name was also engraved sideways on the original ring. It was engraved the correct way on the newer version.
Conn Smythe was engraved twice, once as Conn Smythe, manager, the other time as Conn Smythe – managing director. His name was only included once on the newer version of the Stanley Cup.
Smythe wanted to include 17 investors on the Stanley Cup, and playoff scores. In order to have enough room five player's names were engraved by their last name only: Darragh, Finnigan, Gracie, Miller, Robertson. When the cup was redesigned during the 1957–58 season, the playoff game scores, 17 investors, and five players listed by only their last name only were removed. Those five players played every playoff game and qualified to be on the cup. There was more than enough room to include the 5 missing players.