North Melbourne had finished runners up the previous season, having been defeated by
Richmond in the
1974 VFL grand final, and were the only team never to have won a premiership. It was Hawthorn's first appearance in a grand final since defeating
St Kilda in
1971. North Melbourne lost six of the first nine games of the
season before a form recovery which saw it win eleven of the next thirteen games. At the conclusion of the regular home-and-away season, Hawthorn finished first on the ladder with 17 wins and 5 losses, and North Melbourne had finished third (behind
Carlton) with 14 wins and 8 losses. In the finals series leading up to the grand final, North Melbourne defeated Carlton by 20 points in the qualifying final before being beaten by Hawthorn by 11 points in the second semi-final. They then met Richmond in the preliminary final which they won by 17 points to advance to the grand final. Hawthorn advanced straight to the grand final from their win in the second semi-final. Hawthorn captain
Peter Crimmins was not included Hawthorn's grand final team, having suffered
testicular cancer through the year. He had not played a senior game since round 7, but declared himself fit having played after playing five reserves games, including one final. Both the selection committee and Hawthorn's supporters were divided over whether he should play, and ultimately the match committee decided against playing him, with coach
John Kennedy admitting they were fearful a knock could affect him. As he explained later: "It was very hard, it was a unique situation ... Peter wanted to play. The committee was divided. He didn't play. We'll never know what might have happened if he had played." ==Teams==