| May 12, 1934 | To Toronto Maple Leafs cash | To Boston Bruins loan of Jack Shill for the 1934-35 season | |
| May 12, 1934 | To Toronto Maple Leafs cash | To Boston Bruins Charlie Sands | |
| September 20, 1934 | To Montreal Maroons Al Shields | To St. Louis Eagles Irv Frew future considerations1
| |
| September 23, 1934 | To Montreal Maroons Gus Marker | To Detroit Red Wings Wally Kilrea | |
| October 1, 1934 | To Detroit Red Wings rights to Ossie Asmundson | To New York Rangers cash | |
| October 2, 1934 | To St. Louis Eagles future considerations2
| To Montreal Maroons Alec Connell | |
| October 2, 1934 | To Boston Bruins Johnny Gagnon | To Montreal Canadiens Joe Lamb | |
| October 3, 1934 | To Montreal Canadiens Lionel Conacher Leroy Goldsworthy Roger Jenkins | To Chicago Black Hawks Marty Burke Lorne Chabot Howie Morenz | |
| October 3, 1934 | To Montreal Maroons Lionel Conacher rights to Herb Cain | To Montreal Canadiens rights to Nels Crutchfield | |
| October 10, 1934 | To Boston Bruins Gene Carrigan | To Detroit Red Wings George Patterson | |
| October 12, 1934 | To St. Louis Eagles Mickey Blake | To Montreal Maroons cash | |
| October 17, 1934 | To Montreal Canadiens cash | To Chicago Black Hawks Leroy Goldsworthy | |
| October 18, 1934 | To Boston Bruins Art Giroux | To Montreal Canadiens cash | |
| October 18, 1934 | To Boston Bruins cash | To New York Americans Alex Smith | |
| October 22, 1934 | To St. Louis Eagles Burr Williams | To Detroit Red Wings Normie Smith | |
| October 28, 1934 | To Montreal Maroons cash | To Detroit Red Wings Lorne Duguid | |
| November 1, 1934 | To Boston Bruins Jean Pusie | To New York Rangers Percy Jackson | |
| November 2, 1934 | To Boston Bruins cash | To New York Americans Harry Oliver | |
| November 5, 1934 | To Boston Bruins Tony Savage | To Montreal Canadiens Tommy Filmore cash | |
| November 18, 1934 | To Boston Bruins Percy Jackson | To New York Rangers cash | |
| November 28, 1934 | To St. Louis Eagles George Patterson | To Detroit Red Wings Mickey Blake cash | |
| November 29, 1934 | To St. Louis Eagles rights to Vic Ripley | To New York Rangers cash | |
| December 3, 1934 | To Boston Bruins Jack Portland | To Montreal Canadiens Tony Savage $7,500 cash | |
| December 4, 1934 | To Boston Bruins Joe Lamb | To Montreal Canadiens cash | |
| December 4, 1934 | To St. Louis Eagles Joe Lamb | To Boston Bruins Max Kaminsky Desse Roche | |
| December 8, 1934 | To Boston Bruins cash | To Montreal Canadiens Desse Roche | |
| December 14, 1934 | To Montreal Maroons cash | To New York Rangers Dave Kerr | |
| December 14, 1934 | To Boston Bruins Walter Jackson | To New York Americans Hap Emms Obs Heximer | |
| December 18, 1934 | To Montreal Canadiens Leroy Goldsworthy | To Chicago Black Hawks cash | |
| December 23, 1934 | To Montreal Maroons cash | To New York Rangers Harold Starr | |
| December 25, 1934 | To New York Americans cash | To Montreal Maroons Bob Gracie | |
| December 28, 1934 | To Boston Bruins Paul Haynes | To Montreal Maroons cash | |
| January 9, 1935 | To Boston Bruins cash | To Montreal Canadiens Johnny Gagnon | |
| January 10, 1935 | To St. Louis Eagles Frank Jerwa | To Boston Bruins Gerry Shannon | |
| January 15, 1935 | To Chicago Black Hawks Alex Levinsky | To New York Rangers cash | |
| February 15, 1935 | To St. Louis Eagles Ted Graham $50,000 cash | To Detroit Red Wings Ralph Bowman Syd Howe | |
| February 13, 1935 | To Toronto Maple Leafs Frank Finnigan | To St. Louis Eagles cash | |