Regina's team folded, and a Portland club was formed and the Regina players transferred to it. There was discussions of moving the Edmonton team to Regina but it stayed in Edmonton. The new New York Americans bought Joe Simpson, John Morrison and Roy Rickey from Edmonton,[1] but Edmonton would have enough talent left to win the WHL title.
As in the previous season, the third place Victoria Cougars won the playoff championship. In the semi-final, the Cougars met the Saskatoon Sheiks.
Date
Away
Score
Home
Score
Notes
March 12
Victoria
3
Saskatoon
3
March 16
Saskatoon
0
Victoria
1
8'10" overtime
Victoria wins two-game, total-goals series 4–3.
In the final, the Cougars faced off against the Edmonton Eskimos. As there was no ice available in Edmonton, Edmonton's 'home' game was played in Vancouver.
The Cougars faced the National Hockey League champion Montreal Maroons in a best-of-five series, losing three games to one. After the WHL folded at the end of this season, the Stanley Cup would no longer be contested as a challenge tournament between league champions, but would be automatically awarded to the NHL champion, a custom formalized in 1947.