Savard earned top spot honours after leading all scorers with eight points (three goals, five assists) in two games.
He opened the week with one goal and two assists in a 5-4 shootout loss to Buffalo and later matched a career high with five points (two goals, three assists) in a 6-5 overtime victory over the Tampa Bay Lightning.
Raycroft took the second star after posting a 3-0-0 record, 1.67 goals-against average and .943 save percentage in three games. He made 29 saves in Saturday's 4-1 win over the Sabres, Buffalo's first regulation loss this season.
"It doesn't matter, this week would have been exactly the same if I had been the 50th star of the week," Raycroft said at the Leafs skate Monday. "No big deal. It's a nice honour, it's cool to be recognized but it doesn't mean anything."
Shanahan was named third star after collecting two goals with three assists in four games. Included in that span was the 610th goal of his 19-year career, tying him with Bobby Hull for 12th place on the all-time list.