| Team | GP | W | L | Pts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oklahoma City Blazers | 60 | 39 | 18 | 1 | 2 | 81 | 291 | 232 | 1561 | 7,827 | Mike McEwen | Lost in Finals |
| Tulsa Oilers | 60 | 35 | 22 | 1 | 2 | 73 | 270 | 230 | 1430 | 5,547 | Garry Unger | Won Championship |
| Dallas Freeze | 60 | 31 | 25 | 1 | 3 | 66 | 276 | 242 | 1604 | 4,427 | Ron Flockhart | Lost in round 1 |
| Memphis Riverkings | 60 | 26 | 27 | 3 | 4 | 59 | 253 | 272 | 1670 | 5,590 | Steve Carlson | Lost in round 1 |
| Fort Worth Fire | 60 | 24 | 29 | 5 | 2 | 55 | 252 | 288 | 1747 | 4,920 | Pete Mahovlich | Out of Playoffs |
| Wichita Thunder | 60 | 25 | 33 | 0 | 2 | 52 | 242 | 320 | 1876 | 4,474 | Fay, Shedden {+} | Out of Playoffs |
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