| Team | GP | W | L | Pts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Peoria Rivermen | 56 | 38 | 13 | 1 | 4 | 81 | 211 | 154 | 1094 | 3,857 | Jean-Guy Trudel | Lost in Finals |
| Pensacola Ice Flyers | 56 | 33 | 16 | 3 | 4 | 73 | 189 | 156 | 804 | 3,695 | Jeff Bes | Lost in round 1 |
| Macon Mayhem | 56 | 33 | 16 | 6 | 1 | 73 | 214 | 174 | 904 | 2,391 | Kevin Kerr | Lost in round 2 |
| Huntsville Havoc | 56 | 30 | 16 | 7 | 3 | 70 | 203 | 180 | 923 | 4,774 | Glenn Detulleo | Won Championship |
| Knoxville Ice Bears | 56 | 30 | 20 | 5 | 1 | 66 | 205 | 182 | 883 | 3,825 | Jeff Carr | Lost in round 2 |
| Evansville Thunderbolts | 56 | 27 | 20 | 5 | 4 | 63 | 186 | 191 | 741 | 2,310 | Jeff Pyle | Lost in round 1 |
| Mississippi RiverKings | 56 | 29 | 25 | 0 | 2 | 60 | 193 | 181 | 964 | 2,325 | Derek Landmesser | Lost in round 1 |
| Roanoke Rail Yard Dawgs | 56 | 26 | 26 | 3 | 1 | 56 | 170 | 195 | 789 | 3,361 | Sam Ftorek | Lost in round 1 |
| Birmingham Bulls | 56 | 22 | 28 | 5 | 1 | 50 | 159 | 199 | 1039 | 2,623 | Jamey Hicks | Out of Playoffs |
| Fayetteville Marksmen | 56 | 12 | 38 | 3 | 3 | 30 | 144 | 262 | 1196 | 2,989 | Mazzolini, Cruthers, Esposito, Bierchen {+} | Out of Playoffs |
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