Prior to the 1974 season, a new executive was elected, holding over several of the previous board of directors members, and John Berthelot Sr. was appointed as the new president and head coach. Through the generosity and assistance of two of the major creditors of the club, and with the work of the executive, the team started rebuilding the club's finances. In 1974 the club had great difficulties in acquiring not just enough talented players, but often weren't even able to ice a full roster for games. During this time, the Blind River Beavers, the Soo Thunderbirds and the Soo Michigan Indians were the dominant teams.