Toronto Maple Leafs

The Toronto Maple Leafs are a professional ice hockey team based in Toronto, Ontario, Canada. They are members of the Northeast Division of the Eastern Conference of the National Hockey League (NHL). The organization, one of the "Original Six" members of the NHL, is officially known as the Toronto Maple Leaf Hockey Club and is the leading subsidiary of Maple Leaf Sports & Entertainment Ltd. (MLSE). They have played at the Air Canada Centre (ACC) since 1999, after 68 years at Maple Leaf Gardens.

The Leafs are well known for their long and bitter rivalry with the Montreal Canadiens, and more recent rivalry with the Buffalo Sabres and the Ottawa Senators. The franchise has won thirteen Stanley Cup championships, eleven as the Leafs, one as the Toronto St. Patricks, and one as the Toronto Arenas.

At $448 million (2008), the Leafs are the most valuable team in the NHL, followed by the New York Rangers and the Montreal Canadiens.

In 1996, Stavro took on Larry Tanenbaum, the co-founder of Toronto's new National Basketball Association (NBA) team, the Toronto Raptors, as a partner. Maple Leaf Gardens Ltd. was accordingly renamed Maple Leaf Sports and Entertainment (MLSE), and it remains the parent company of the Leafs, the Raptors, and Toronto FC of Major League Soccer (MLS), to the present day.

After two years out of the playoffs in the late 1990s, the Leafs acquired goaltender Curtis Joseph as a free agent from the Edmonton Oilers and signed Pat Quinn, who had been fired by Vancouver in 1997, to serve as head coach. This resulted in the Leafs making another charge during the 1999 playoffs after moving from Maple Leaf Gardens to the new Air Canada Centre, shared with the new Toronto Raptors. The team eliminated the Philadelphia Flyers and Pittsburgh Penguins in the first two rounds of the playoffs, but lost in five games to the Buffalo Sabres in the Eastern Conference Finals.

Toronto reached the second round of the playoffs in both 2000 and 2001, only to lose both times to the New Jersey Devils, who made the Stanley Cup Finals both seasons and won in 2000. The 2000 season was particularly notable because it marked the Leafs' first division title in 37 years, as well as the franchise's first-ever 100-point season. The season ended on a particular low, however, with the Leafs being held to just 6 shots in game six of the second round against the Devils.

In 2002, the Leafs dispatched the Islanders and their Ontario rivals, the Ottawa Senators, in the first two rounds, only to lose to the Cinderella-story Carolina Hurricanes in the Conference Finals. The 2002 season was particularly impressive in that the Leafs had many of their better players sidelined by injuries, but managed to make it to the conference finals due to the efforts of lesser-known players who were led mainly by Gary Roberts and Alyn McCauley.

Joseph left to go to the defending champion Red Wings in the 2002 off-season; the team found a replacement in veteran Ed Belfour, who came over from the Dallas Stars and had been a crucial part of their 1999 Stanley Cup run. Belfour could not help their playoff woes in the 2003 playoffs, however, as the team lost to Philadelphia in seven games in the first round. 2003 also witnessed a change in the ownership ranks, as Stavro sold his controlling interest in MLSE to the Ontario Teachers' Pension Plan and resigned his position as Chairman of the Board in favour of Tanenbaum. Stavro died in 2006.

The 2003–04 season started in an uncommon way for the team, as they held their training camp in Sweden and played in the NHL Challenge against teams from Sweden and Finland. That year, the Leafs had a very successful regular season, posting a franchise-record 103 points. They finished with the fourth-best record in the league (their best overall finish in 41 years) and also managed a .628 win percentage, their best in 43 years and the third-best in franchise history. Toronto defeated the Senators in the first round of the playoffs for the fourth time in five years, but lost to the Flyers in the second round in six games.