| Team | GP | W | L | Pts | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oklahoma City Blazers | 64 | 47 | 13 | 4 | 98 | 327 | 224 | 2401 | 9,564 | Doug Sauter | Won Championship |
| San Antonio Iguanas | 64 | 39 | 17 | 8 | 86 | 313 | 240 | 2340 | 5,910 | John Torchetti | Lost in Finals |
| Memphis Riverkings | 64 | 34 | 24 | 6 | 74 | 308 | 271 | 1918 | 4,663 | Herb Boxer | Lost in round 1 |
| Tulsa Oilers | 64 | 26 | 33 | 5 | 57 | 244 | 302 | 1446 | 5,463 | Garry Unger | Lost in round 1 |
| Fort Worth Fire | 64 | 24 | 34 | 6 | 54 | 244 | 289 | 1673 | 3,485 | Bill McDonald | Out of Playoffs |
| Wichita Thunder | 64 | 22 | 39 | 3 | 47 | 270 | 380 | 2304 | 4,710 | Don Jackson | Out of Playoffs |
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