| # | Team | MP | W | WO | LO | L | G | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Peoria Rivermen | 28 | 20 | 3 | 4 | 1 | 110:56 | 50 | |
| 2. | Birmingham Bulls | 28 | 16 | 5 | 1 | 6 | 106:68 | 43 | |
| 3. | Huntsville Havoc | 28 | 18 | 2 | 2 | 6 | 116:74 | 42 | |
| 4. | Macon Mayhem | 28 | 17 | 0 | 2 | 9 | 87:71 | 36 | |
| 5. | Knoxville Ice Bears | 28 | 13 | 4 | 2 | 9 | 87:80 | 36 | |
| 6. | Roanoke Dawgs | 28 | 12 | 4 | 1 | 11 | 93:86 | 33 | |
| 7. | Pensacola Ice Flyers | 28 | 9 | 6 | 2 | 11 | 71:62 | 32 | |
| 8. | Fayetteville Marksmen | 28 | 12 | 2 | 2 | 12 | 83:94 | 30 | |
| 9. | Quad City Storm | 28 | 8 | 4 | 4 | 12 | 84:100 | 28 | |
| 10. | Evansville Thunderbolts | 28 | 7 | 0 | 3 | 18 | 63:102 | 17 |