The Toronto Maple Leafs finished 2021-2022, with 115 points in the NHL, one spot below the Florida Panthers and above the Tampa Bay Lightning. During the off-season, the Tampa Bay Lightning and Florida Panthers both arguably got worse.
According to PointsBet, the Maple Leafs have 900+ odds of winning a cup, the same as the Lightning who were recently dethroned by the Colorado Avalanche.
It's definitely possible that the Maple Leafs will be the best (regular season) team this season, but the playoffs are a different game, and Toronto should worry about getting out of the first round first.