The Third National Hockey League All-Star Game took place at Maple Leaf Gardens, home of the Toronto Maple Leafs, on October 10, 1949. For the third year in a row, the game saw the Maple Leafs play a team of NHL all-stars. The All-Stars won the game by a scored of 3–1

Team Roster
Bill Durnan - Montreal Canadiens
Charlie Rayner - New York Rangers
Jack Stewart - Detroit Red Wings
Bob Goldham - Chicago Black Hawks
Pat Egan - New York Rangers
Buddy O'Connor - New York Rangers
Roy Conacher - Chicago Black Hawks
Doug Bentley - Chicago Black Hawks
Bill Mosienko - Chicago Black Hawks
Maurice Richard - Montreal Canadiens
Edgar Laprade - New York Rangers
Bill Quackenbush - Boston Bruins
Sid Abel - Detroit Red Wings
Gordie Howe - Detroit Red Wings
Glen Harmon - Montreal Canadiens
Ted Lindsay - Detroit Red Wings
Ken Reardon - Montreal Canadiens
Tony Leswick - New York Rangers
Paul Ronty - Boston Bruins

Head Coach - Tommy Ivan - Detroit Red Wings
NHL President - Clarence Campbell