| Schedule/Results | Playoff Results | League Leaders | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Team | GP | W | L | OTL | SOL | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Jacksonville Barracudas | 59 | 40 | 18 | 1 | 0 | 81 | 233 | 175 | 1253 | 3,573 | Ron Duguay | Won Championship |
| Alabama Slammers | 58 | 34 | 20 | 2 | 2 | 72 | 224 | 196 | 1706 | 2,297 | Garry Unger | Lost in round 1 |
| Macon Trax | 56 | 30 | 20 | 3 | 3 | 66 | 218 | 193 | 1363 | 1,616 | Tom Stewart | Lost in Finals |
| Orlando Seals | 57 | 27 | 25 | 2 | 3 | 59 | 198 | 197 | 1225 | 3,151 | Jim Paek | Out of Playoffs |
| Miami Manatees | 48 | 24 | 19 | 4 | 1 | 53 | 215 | 213 | 1033 | 1,061 | Zac Boyer | Lost in round 1 |
| Lakeland Loggerheads | 58 | 13 | 38 | 4 | 3 | 33 | 181 | 295 | 1492 | 1,317 | Ladouceur, Zappia {+} | Out of Playoffs |
| Notes: | The Miami Manatees ceased playing at the Miami Arena in March 2004 and became a road-only team. The playoff teams were determined by winning percentage due to the uneven number of games played by each team. |
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