The Leafs were founded in November 1917 as a last minute addition to the newly formed NHL. The team was originally just known as "Toronto" although they quickly became known as the "Arenas" after being sponsored by the Toronto Arena Company. The team went under new ownership in 1919 and the name was changed to the St. Patricks, in an effort to appeal to the city's large immigrant Irish community. In 1927, the team was sold again to businessman Conn Smythe who once again renamed the team; this time to the Maple Leafs.
It should be noted that the NHL, the Maple Leafs, and most of their fans consider these changes as simply name changes, meaning that it is the same franchise but just under a different name. This would be no different then when the Mighty Ducks of Anaheim changed their names to the Ducks.
The previous poster, who's answer I have removed, made an incorrect assumption of associating the Toronto Pro H.C. and the Toronto Blueshirts of the NHA to the current franchise. The Blueshirts folded (and arguably made the NHA fold with it) in 1917 and aren't considered part of Maple Leaf franchise history.
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As of December 26, 2008, the Toronto Maple Leafs are 11th in the Eastern Conference, 4th in the NorthEast Division and 22nd in the League.
The Toronto Maple leafs arena is the Air Canada Cantre,(ACC) in Downtown Toronto, ON. Not the Rogers centre, that is there the Blue Jays play, and they suck too.
The leafs are last in their division and conference. They are currently 14 points from the #8 spot (to qualify for a playoff spot)