diff --git a/CHANGELOG.md b/CHANGELOG.md
index a1c519f7db2..ffc93e36152 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,7 @@ The version headers in this history reflect the versions of Apollo Server itself
 > The changes noted within this `vNEXT` section have not been released yet.  New PRs and commits which introduce changes should include an entry in this `vNEXT` section as part of their development.  With few exceptions, the format of the entry should follow convention (i.e., prefix with package name, use markdown `backtick formatting` for package names and code, suffix with a link to the change-set à la `[PR #YYY](https://link/pull/YYY)`, etc.).  When a release is being prepared, a new header will be (manually) created below and the appropriate changes within that release will be moved into the new section.
 
 - The `debug` option to `new ApolloServer` (which adds stack traces to errors) now affects errors that come from requests executed with `server.executeOperation` (and its wrapper `apollo-server-testing`), instead of just errors that come from requests executed over HTTP. [Issue #4107](https://github.com/apollographql/apollo-server/issues/4107) [PR #4948](https://github.com/apollographql/apollo-server/pull/4948)
+- Bump version of `@apollographql/graphql-playground-html` to v1.6.27 and `@apollographql/graphql-playground-react` to v1.7.39 to resolve incorrectly rendered CDN URL when Playground `version` was `false`-y.  [PR #4932](https://github.com/apollographql/apollo-server/pull/4932) [PR #4955](https://github.com/apollographql/apollo-server/pull/4955) [Issue #4937](https://github.com/apollographql/apollo-server/issues/4937)
 
 ## v2.21.0
 
diff --git a/packages/apollo-server-core/src/playground.ts b/packages/apollo-server-core/src/playground.ts
index 668a6db789d..da2db0bb94f 100644
--- a/packages/apollo-server-core/src/playground.ts
+++ b/packages/apollo-server-core/src/playground.ts
@@ -7,10 +7,17 @@ export {
   RenderPageOptions as PlaygroundRenderPageOptions,
 } from '@apollographql/graphql-playground-html/dist/render-playground-page';
 
-// This specifies the version of `graphql-playground-react` that will be served
-// from `graphql-playground-html`.  It's passed to ``graphql-playground-html`'s
-// renderPlaygroundPage` via the integration packages' playground configuration.
-const playgroundVersion = '1.7.33';
+// This specifies the React version of our fork of GraphQL Playground,
+// `@apollographql/graphql-playground-react`.  It is related to, but not to
+// be confused with, the `@apollographql/graphql-playground-html` package which
+// is a dependency of Apollo Server's various integration `package.json`s files.
+//
+// The HTML (stub) file renders a `<script>` tag that loads the React (guts)
+// from a CDN URL on jsdelivr.com, which allows serving of files from npm packages.
+// 
+// The version is passed to `@apollographql/graphql-playground-html`'s
+// `renderPlaygroundPage` via the integration packages' `playground` config.
+const playgroundVersion = '1.7.39';
 
 // https://stackoverflow.com/a/51365037
 type RecursivePartial<T> = {