| # | Team | MP | W | WO | LO | L | G | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Roanoke Dawgs | 25 | 13 | 3 | 2 | 7 | 79:64 | 34 | |
| 2. | Peoria Rivermen | 26 | 13 | 3 | 1 | 9 | 68:47 | 33 | |
| 3. | Birmingham Bulls | 25 | 6 | 7 | 2 | 10 | 67:72 | 28 | |
| 4. | Evansville Thunderbolts | 26 | 9 | 3 | 4 | 10 | 64:66 | 28 | |
| 5. | Quad City Storm | 26 | 10 | 2 | 3 | 11 | 71:72 | 27 | |
| 6. | Pensacola Ice Flyers | 25 | 11 | 1 | 3 | 10 | 71:86 | 27 | |
| 7. | Macon Mayhem | 25 | 7 | 4 | 5 | 9 | 55:67 | 27 | |
| 8. | Huntsville Havoc | 26 | 10 | 2 | 2 | 12 | 62:73 | 26 | |
| 9. | Knoxville Ice Bears | 26 | 7 | 2 | 3 | 14 | 62:92 | 21 | |
| 10. | Fayetteville Marksmen | 26 | 8 | 0 | 3 | 15 | 63:84 | 19 |