| # | Team | MP | W | WO | LO | L | G | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Fayetteville Marksmen | 28 | 18 | 1 | 3 | 6 | 92:65 | 41 | |
| 2. | Peoria Rivermen | 28 | 16 | 3 | 3 | 6 | 94:62 | 41 | |
| 3. | Pensacola Ice Flyers | 28 | 15 | 4 | 3 | 6 | 96:74 | 41 | |
| 4. | Knoxville Ice Bears | 28 | 15 | 1 | 4 | 8 | 88:75 | 36 | |
| 5. | Mississippi RiverKings | 28 | 11 | 4 | 5 | 8 | 81:83 | 35 | |
| 6. | Huntsville Havoc | 28 | 10 | 4 | 3 | 11 | 75:75 | 31 | |
| 7. | Louisiana IceGators | 28 | 8 | 4 | 4 | 12 | 66:76 | 28 | |
| 8. | Macon Mayhem | 28 | 11 | 1 | 2 | 14 | 68:79 | 26 | |
| 9. | Columbus Cottonmouths | 28 | 8 | 0 | 3 | 17 | 63:104 | 19 |