| # | Team | MP | W | WO | LO | L | G | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Peoria Rivermen | 28 | 16 | 5 | 1 | 6 | 106:68 | 43 | |
| 2. | Knoxville Ice Bears | 28 | 15 | 4 | 1 | 8 | 119:80 | 39 | |
| 3. | Pensacola Ice Flyers | 28 | 15 | 3 | 3 | 7 | 104:78 | 39 | |
| 4. | Huntsville Havoc | 28 | 14 | 5 | 1 | 8 | 112:83 | 39 | |
| 5. | Macon Mayhem | 28 | 15 | 2 | 2 | 9 | 105:86 | 36 | |
| 6. | Evansville Thunderbolts | 28 | 11 | 3 | 5 | 9 | 94:87 | 33 | |
| 7. | Birmingham Bulls | 28 | 9 | 6 | 2 | 11 | 90:93 | 32 | |
| 8. | Mississippi RiverKings | 28 | 10 | 5 | 1 | 12 | 100:88 | 31 | |
| 9. | Roanoke Dawgs | 28 | 7 | 6 | 1 | 14 | 87:92 | 27 | |
| 10. | Fayetteville Marksmen | 28 | 4 | 2 | 4 | 18 | 78:124 | 16 |