The 2011 MLS season was the fifth season in Toronto FC's existence. The club once again failed to make the playoffs, however, they won the Canadian Championship and strong performances near the end of the season helped them in qualifying to the semifinal phase of the 2011–12 CONCACAF Champions League. The first league game was played on March 19, 2011 against Vancouver Whitecaps FC. It was the first match between two Canadian clubs in Major League Soccer history. Dwayne De Rosario scored the 8,000th goal in league history in a match against the Vancouver Whitecaps. The first home match was March 26, 2011 versus the other 2011 expansion club, Portland Timbers. The regular season ended on October 22, 2011. Across all competitions, Toronto FC finished 2011 with a record of 14-15-17, for 59 points from 46 matches.
Toronto is in the #3 position in the MLS Allocation Ranking. The allocation ranking is the mechanism used to determine which MLS club has first priority to acquire a U.S. National Team player who signs with MLS after playing abroad, or a former MLS player who returns to the league after having gone to a club abroad for a transfer fee. A ranking can be traded, provided that part of the compensation received in return is another club's ranking.
International roster spots
It is believed that Toronto FC has 9 international roster spots. Each club in Major League Soccer is allocated 8 international roster spots, which can be traded. Toronto FC acquired an additional spot from San Jose Earthquakes on 14 July 2008. Toronto maintains this roster spot through the end of the 2013 season, at which point it reverts to San Jose. Toronto FC acquired another international roster spot from San Jose on 14 July 2011. TFC has use of this spot through the end of the 2012 season, at which point it reverts to San Jose. Toronto also traded a spot to FC Dallas on 2 August 2011 for the remainder of the 2011 season only. There is no limit on the number of international slots on each club's roster. The remaining roster slots must belong to domestic players. For clubs based in Canada, a domestic player is either a player with the legal right to work in Canada or a U.S. citizen, a permanent U.S. resident or the holder of other special U.S. status.
Future picks traded: 2012 SuperDraft Round 2 pick traded to Chicago Fire. Toronto has also traded future considerations to Vancouver Whitecaps which may or may not include draft pick.