| Team: | Toronto Phantoms |
| Year: | 2001 |
| Record: | 8–6 |
| Division Place: | 1st |
| Coach: | Mark Stoute |
| Stadium: | Air Canada Centre |
| Playoffs: | Won Wild Card Playoffs (Dragons) 64–57 Lost Quarterfinals (Kats) 38–45 |
| Previous: | 2000 |
The 2001 Toronto Phantoms season is the 5th season for the franchise, their first season in Toronto. The Phantoms finished the regular season with an 8–6 record, and beat the New York Dragons in the Wild Card round of the playoffs before falling to the Nashville Kats in the Quarterfinals.
| Eastern Division | |||||||
|---|---|---|---|---|---|---|---|
| Team | Overall | Division | |||||
| Wins | Losses | Percentage | Wins | Losses | Percentage | ||
| Toronto Phantoms | 8 | 6 | .571 | 7 | 1 | .875 | |
| New York Dragons | 8 | 6 | .571 | 4 | 4 | .500 | |
| Carolina Cobras | 7 | 7 | .500 | 5 | 3 | .625 | |
| Buffalo Destroyers | 6 | 8 | .428 | 4 | 4 | .500 | |
| New Jersey Gladiators | 2 | 12 | .142 | 0 | 8 | .000 | |
| Week | Date | Opponent | Location | Result | Attendance | Record | |
|---|---|---|---|---|---|---|---|
| 1 | April 14 | Buffalo Destroyers | Air Canada Centre | L 54–61[2] | 10,023 | 0–1 | |
| 2 | April 21 | @ New York Dragons | Nassau Veterans Memorial Coliseum | W 68–58 | 11,216 | 1–1 | |
| 3 | April 27 | @ New Jersey Gladiators | Continental Airlines Arena | W 28–25 | 2,127 | 2–1 | |
| 4 | May 5 | Grand Rapids Rampage | Air Canada Centre | L 45–62 | 6,503 | 2–2 | |
| 5 | May 12 | @ Tampa Bay Storm | Ice Palace | L 33–70 | 12,654 | 2–3 | |
| 6 | May 19 | Oklahoma Wranglers | Air Canada Centre | W 72–38 | 5,183 | 3–3 | |
| 7 | May 26 | @ Florida Bobcats | National Car Rental Center | L 44–51 | 2,111 | 3–4 | |
| 8 | June 2 | @ Orlando Predators | TD Waterhouse Centre | L 22–70 | 11,626 | 3–5 | |
| 9 | June 7 | Indiana Firebirds | Air Canada Centre | L 34–45 | 7,003 | 3–6 | |
| 10 | colSpan=56 align="center" | Bye | |||||
| 11 | June 23 | New York Dragons | Air Canada Centre | W 66–49 | 6,513 | 4–6 | |
| 12 | June 30 | Carolina Cobras | Air Canada Centre | W 62–56 | 5,311 | 5–6 | |
| 13 | July 6 | @ Buffalo Destroyers | HSBC Arena | W 61–26[3] | 7,925 | 6–6 | |
| 14 | July 14 | New Jersey Gladiators | Air Canada Centre | W 52–45 | 7,912 | 7–6 | |
| 15 | July 20 | @ Carolina Cobras | Raleigh Entertainment & Sports Arena | W 53–50 | 13,823 | 8–6 |
| Round | Date | Opponent | Location | Result | Attendance | |
|---|---|---|---|---|---|---|
| Wild Card | July 27 | New York Dragons | Air Canada Centre | W 64–57 | 7,377 | |
| Quarterfinals | August 3 | @ Nashville Kats | Gaylord Entertainment Center | L 38–45 | 13,722 |