| Schedule/Results | Playoff Results | League Leaders | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| East | ||||||||||||
| Team | GP | W | L | OTL | SOL | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Wheeling Thunderbirds | 64 | 40 | 16 | 2 | 6 | 88 | 314 | 223 | 1597 | 4,686 | Doug Sauter | Lost in Finals |
| Hampton Roads Admirals | 64 | 37 | 21 | 3 | 3 | 80 | 294 | 235 | 2441 | 7,904 | John Brophy | Lost in round 2 |
| Raleigh Icecaps | 64 | 37 | 22 | 3 | 2 | 79 | 289 | 262 | 1292 | 5,062 | Kurt Kleinendorst | Lost in round 3 |
| Johnstown Chiefs | 64 | 34 | 23 | 3 | 4 | 75 | 281 | 264 | 1647 | 2,974 | Ed Johnstone | Lost in round 2 |
| Richmond Renegades | 64 | 34 | 28 | 0 | 2 | 70 | 292 | 292 | 1487 | 5,122 | Roy Sommer | Lost in round 1 |
| Greensboro Monarchs | 64 | 33 | 29 | 0 | 2 | 68 | 256 | 261 | 2704 | 5,327 | Jeff Brubaker | Lost in round 1 |
| Roanoke Valley Rampage | 64 | 14 | 49 | 1 | 0 | 29 | 227 | 387 | 1265 | 1,483 | Steve Gatzos | Out of Playoffs |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| West | ||||||||||||
| Toledo Storm | 64 | 36 | 17 | 1 | 10 | 83 | 316 | 238 | 2211 | 4,737 | Chris McSorley | Won Championship |
| Dayton Bombers | 64 | 35 | 23 | 3 | 3 | 76 | 282 | 270 | 2111 | 4,310 | Claude Noel | Lost in round 2 |
| Nashville Knights | 64 | 36 | 25 | 2 | 1 | 75 | 312 | 305 | 2296 | 5,061 | Nick Fotiu | Lost in round 3 |
| Erie Panthers | 64 | 35 | 25 | 1 | 3 | 74 | 305 | 307 | 2012 | 3,043 | Ron Hansis | Lost in round 2 |
| Louisville Icehawks | 64 | 30 | 27 | 2 | 5 | 67 | 302 | 293 | 2045 | 4,426 | Warren Young | Out of Playoffs |
| Birmingham Bulls | 64 | 30 | 29 | 2 | 3 | 65 | 290 | 313 | 2146 | 5,306 | Bruce Garber | Out of Playoffs |
| Columbus Chill | 64 | 30 | 30 | 1 | 3 | 64 | 257 | 256 | 2081 | 5,837 | Terry Ruskowski | Out of Playoffs |
| Knoxville Cherokees | 64 | 19 | 39 | 4 | 2 | 44 | 212 | 323 | 1867 | 2,129 | Barry Smith | Out of Playoffs |
| Notes: | March 13 game Richmond vs. Roanoke was suspended after 2 periods due to an impending roof collapse at Lancerlot Sports Complex. Richmond had been leading 6-2, so it was awarded a victory. Scoring records for the game were not counted. |