| Team | GP | W | L | Pts | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wichita Thunder | 66 | 44 | 18 | 4 | 92 | 320 | 268 | 2513 | 6,525 | Doug Shedden | Won Championship |
| San Antonio Iguanas | 66 | 37 | 22 | 7 | 81 | 336 | 281 | 2353 | 5,511 | Goldsworthy, Torchetti {+} | Lost in Finals |
| Tulsa Oilers | 66 | 36 | 24 | 6 | 78 | 307 | 281 | 1373 | 6,423 | Garry Unger | Lost in round 1 |
| Oklahoma City Blazers | 66 | 34 | 23 | 9 | 77 | 274 | 267 | 1671 | 10,016 | Mike McEwen | Lost in round 1 |
| Fort Worth Fire | 66 | 32 | 26 | 8 | 72 | 314 | 288 | 1598 | 3,959 | Steve Harrison | Out of Playoffs |
| Memphis Riverkings | 66 | 24 | 35 | 7 | 55 | 259 | 327 | 1534 | 4,598 | Herb Boxer | Out of Playoffs |
| Dallas Freeze | 66 | 24 | 36 | 6 | 54 | 266 | 364 | 1773 | 2,529 | Ron Flockhart | Out of Playoffs |
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