Thompson became the second goaltender to win his second Vezina Trophy in 1932–33 since its inception in the 1926–27 season, as he recorded 11 shutouts and a 1.76 goals-against average. After missing the playoffs in the 1933–34 season, they rebounded to first place in the American Division the following season, as Thompson was named to the Second All-Star team for the second time. In the playoffs, the Bruins won only one of their four games; their only win was on the strength of Thompson's shutout, who finished the playoffs with a 1.53 goals-against average.