The championship was won by Sparta Prague, the club's sixth Czechoslovak national championship.Josef Bican was the league's top scorer with 29 goals.
During the season Czechoslovakia experienced considerable political change which resulted in the eventual disestablishment of the country, and thereby the Czechoslovak First League, by the hands of Nazi Germany. In September 1938, through the Munich Agreement, Nazi Germany acquired the Sudetenland from Czechoslovakia. This was followed by the German occupation of Czechoslovakia in March 1939. As a consequence the Gauliga Sudetenland was established for ethnic German clubs while Czech and Slovak clubs competed in their own, separate competitions.
The sole Slovak club in the league, ŠK Bratislava, was removed from the league and joined a new Slovak league, the Slovenská liga, in the newly-independent Slovak Republic. Czech clubs in what was now the German-annexed Protectorate of Bohemia and Moravia continued their own league which was variously referred to as the Bohemia/Moravia championship, Národní liga (English: National league) or Česko-moravská liga (English: Bohemian-Moravian league).