| Schedule/Results | Playoff Results | League Leaders | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Eastern | |||||||||||
| Team | GP | W | L | T | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Nova Scotia Voyageurs | 76 | 43 | 18 | 15 | 101 | 316 | 191 | 0 | 2,705 | Al MacNeil | Lost in Finals |
| Boston Braves | 76 | 34 | 29 | 13 | 81 | 248 | 256 | 0 | 4,392 | Ravlich, Boehm {+} | Lost in round 2 |
| Providence Reds | 76 | 32 | 30 | 14 | 78 | 253 | 255 | 0 | 5,603 | Larry Popein | Lost in round 1 |
| Rochester Americans | 76 | 33 | 31 | 12 | 78 | 239 | 276 | 0 | 5,188 | Don Cherry | Lost in round 1 |
| New Haven Nighthawks | 76 | 16 | 40 | 20 | 52 | 246 | 331 | 1142 | 4,914 | Parker MacDonald | Out of Playoffs |
| Springfield Kings | 76 | 18 | 42 | 16 | 52 | 265 | 344 | 0 | 3,443 | Jerry Toppazzini | Out of Playoffs |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Western | |||||||||||
| Cincinnati Swords | 76 | 54 | 17 | 5 | 113 | 351 | 206 | 0 | 4,385 | Floyd Smith | Won Championship |
| Hershey Bears | 76 | 42 | 23 | 11 | 95 | 326 | 231 | 0 | 5,883 | Frank Mathers | Lost in round 1 |
| Virginia Red Wings | 76 | 38 | 22 | 16 | 92 | 258 | 221 | 0 | 3,357 | Doug Barkley | Lost in round 2 |
| Richmond Robins | 76 | 30 | 36 | 10 | 70 | 272 | 280 | 0 | 4,971 | Larry Wilson | Lost in round 1 |
| Cleveland/Jacksonville Barons | 76 | 23 | 44 | 9 | 55 | 251 | 329 | 0 | 1,202 | John Muckler | Out of Playoffs |
| Baltimore Clippers | 76 | 17 | 48 | 11 | 45 | 210 | 315 | 0 | 2,910 | Out of Playoffs | |
| Notes: | Cleveland moved to Jacksonville Feb 9, 1973. |