| Team | GP | W | L | Pts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Erie Panthers | 60 | 38 | 16 | 0 | 6 | 82 | 357 | 251 | 1813 | 2,923 | Ron Hansis | Lost in round 2 |
| Winston-Salem Thunderbirds | 60 | 38 | 16 | 0 | 6 | 82 | 312 | 257 | 1943 | 2,620 | McSorley, Fraser {+} | Lost in Finals |
| Virginia Lancers | 60 | 36 | 18 | 0 | 6 | 78 | 261 | 218 | 1861 | 1,754 | Dave Allison | Lost in round 1 |
| Greensboro Monarchs | 60 | 29 | 27 | 0 | 4 | 62 | 263 | 283 | 1875 | 3,098 | Jeff Brubaker | Won Championship |
| Hampton Roads Admirals | 60 | 29 | 29 | 0 | 2 | 60 | 252 | 267 | 1902 | 6,107 | John Brophy | Lost in round 1 |
| Nashville Knights | 60 | 26 | 30 | 0 | 4 | 56 | 248 | 289 | 1549 | 5,230 | Archie Henderson | Lost in round 1 |
| Johnstown Chiefs | 60 | 23 | 31 | 0 | 6 | 52 | 233 | 291 | 2047 | 3,717 | Steve Carlson | Out of Playoffs |
| Knoxville Cherokees | 60 | 21 | 33 | 0 | 6 | 48 | 230 | 300 | 1777 | 2,326 | Hamel, Jackson {+} | Out of Playoffs |
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