Prior to the start of this season, the NHL's first multiple-player trade in its history was made when Billy Coutu and Sprague Cleghorn of the Hamilton Tigers were traded to the Montreal Canadiens for Harry Mummery, Amos Arbour, and Cully Wilson.
Canadiens owner George Kennedy never recovered from the influenza he contracted in 1919,and died on October 19, 1921 at age 39. His widow sold the Canadiens to a unit that would be known affectionately as the Three Musketeers of owners, Leo Dandurand, Louis Letourneau, and Joseph Cattarinich. Dandurand became manager and coach, and immediately there were problems between him and Newsy Lalonde. At one point, Dandurand accused Lalonde of not trying, and also the fans started to boo their old hero. Finally, Lalonde walked out on the team. NHL president Frank Calder mediated the dispute and Lalonde returned to the team. But his days in Montreal were numbered.
After a fairly impressive season for the Toronto St. Patricks, the St. Pats goaltender Jake Forbes refused to play after being denied a raise, and was suspended for the season. John Ross Roach took over in goal.
Punch Broadbent was the star this year, as he scored in 16 consecutive games en route to a 32 goal campaign, and led the league in scoring. His Ottawa team finished first, too.
On February 1st, Sprague Cleghorn almost wiped out the Ottawa team singlehandedly. He cut Eddie Gerard and Cy Denneny and charged Frank Nighbor. All three players missed two games because of injuries and Cleghorn drew a match penalty and a $15 fine. Ottawa police tried to arrest him in wake of his one man war.
| National Hockey League | GP | W | L | T | Pts | GF | GA | PIM |
|---|---|---|---|---|---|---|---|---|
| Ottawa Senators | 24 | 14 | 8 | 2 | 30 | 106 | 84 | 99 |
| Toronto St. Patricks | 24 | 13 | 10 | 1 | 27 | 98 | 97 | 114 |
| Montreal Canadiens | 24 | 12 | 11 | 1 | 25 | 88 | 94 | 174 |
| Hamilton Tigers | 24 | 7 | 17 | 0 | 14 | 88 | 105 | 76 |
| Player | Team | GP | G | A | Pts | PIM |
|---|---|---|---|---|---|---|
| Punch Broadbent | Ottawa Senators | 24 | 32 | 14 | 46 | 24 |
| Cy Denneny | Ottawa Senators | 22 | 27 | 12 | 39 | 18 |
| Cecil Dye | Toronto St. Patricks | 24 | 30 | 7 | 37 | 18 |
| Joe Malone | Hamilton Tigers | 24 | 25 | 7 | 32 | 2 |
| Harry Cameron | Toronto St. Patricks | 24 | 19 | 8 | 27 | 18 |
| Corbett Denneny | Toronto St. Patricks | 24 | 19 | 7 | 26 | 28 |
| Reg Noble | Toronto St. Patricks | 24 | 17 | 8 | 25 | 10 |
| Odie Cleghorn | Montreal Canadiens | 23 | 21 | 3 | 24 | 26 |
| Sprague Cleghorn | Montreal Canadiens | 24 | 17 | 7 | 24 | 63 |
| Leo Reise | Hamilton Tigers | 24 | 9 | 14 | 23 | 8 |
| Player | Team | GP | GA | SO | GAA |
|---|---|---|---|---|---|
| Ivan Mitchell | Toronto St. Patricks | 2 | 6 | 0 | 3.0 |
| Clint Benedict | Ottawa Senators | 24 | 84 | 2 | 3.5 |
| Georges Vezina | Montreal Canadiens | 24 | 94 | 0 | 3.9 |
| John Ross Roach | Toronto St. Patricks | 22 | 91 | 0 | 4.1 |
| Howie Lockhart | Hamilton Tigers | 24 | 105 | 0 | 4.4 |
Starting in the Western Canada Hockey League, the Calgary Tigers lost to the Regina Capitals in a match-up to determine second place. The Capitals then went on to beat the first place Edmonton Eskimos in that league's first championship series. Over in the Pacific Coast Hockey Association, once again, the Vancouver Millionaires faced the Seattle Metropolitans for their league championship. The Mets had the better regular season record, but the Millionaires won both games of the playoffs by 1–0 scores. The Millionaires were then matched up against the Capitals to see who would go on to play against the winner of the NHL's playoffs. Vancouver beat Regina in the two-game total goals series.
Toronto St. Patricks vs. Ottawa Senators
| Date | Team | Score | Team | Score | Notes |
|---|---|---|---|---|---|
| March 11 | Toronto St. Patricks | 5 | Ottawa Senators | 4 | |
| March 13 | Toronto St. Patricks | 0 | Ottawa Senators | 0 |
Vancouver Millionaires vs. Toronto St. Patricks
| Date | Away | Score | Home | Score | Notes |
|---|---|---|---|---|---|
| March 17 | Vancouver Millionaires | 4 | Toronto St. Patricks | 3 | |
| March 20 | Toronto St. Patricks | 2 | Vancouver Millionaires | 1 | (OT) |
| March 23 | Vancouver Millionaires | 3 | Toronto St. Patricks | 0 | |
| March 25 | Toronto St. Patricks | 6 | Vancouver Millionaires | 0 | |
| March 28 | Toronto St. Patricks | 5 | Vancouver Millionaires | 1 |
| Player | Team | GP | G | A | Pts | PIM |
|---|---|---|---|---|---|---|
| Babe Dye | Toronto St. Patricks | 7 | 11 | 1 | 12 |