Schmidt retired midway through the 1954-55 season. He scored 229 goals and had 575 points, then a Bruins record, in 776 games. He had 24 goals and 49 points in 86 Stanley Cup Playoff games and helped the Bruins win the Cup in 1939 and 1941.
"There have been other awards, but winning the Cup, to me, was the most outstanding moment of my life," Schmidt told Sports Illustrated during Boston's championship run in 2011. "You have so many players today who are great but have never been on a Stanley Cup-winning team. That's what you dream about."
Schmidt, born March 5, 1918, in Kitchener, Ontario, led the NHL in scoring in 1939-40 with 52 points in 48 games, won the Hart Trophy as MVP in 1951, and made the NHL First All-Star Team three times. He's the only man to serve the Bruins as a player, captain, coach and general manager, and was elected to the Hockey Hall of Fame in 1961.
"Milt's impact in Boston, as both a player and a coach, will forever be felt amongst hockey fans. He was a legendary personality in the Bruins organization and goes down in history as the ultimate Bruin," owner Jeremy Jacobs said. "We should all be envious of the longevity and meaningfulness of his life."