1940–41 NHL transactions
# 1940–41 NHL transactions

The following is a list of all team-to-team transactions that have occurred in the National Hockey League (NHL) during the 1940–41 NHL season. It lists which team each player has been traded to and for which player(s) or other consideration(s), if applicable.

## Transactions

| May 10, 1940 | To Toronto Maple Leafscash | To Chicago Black HawksPep Kelly |
| - | - | - |
| May 10, 1940 | To Toronto Maple Leafs$7,500 cash | To Montreal CanadiensMurph Chamberlain |
| May 11, 1940 | To Montreal CanadiensBill MacKenzie | To Chicago Black Hawkscash |
| June 7, 1940 | To Toronto Maple Leafsrights to Frank Eddolls | To Montreal Canadiensrights to Joe Benoit |
| November 19, 1940 | To Montreal CanadiensJack Portland | To Chicago Black Hawks$12,500 cash |
| January 17, 1941 | To Toronto Maple LeafsJack Howard loan of Peanuts O'Flaherty | To New York AmericansClarence Drouillard |
