| Eastern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Arkansas Travelers ** | STL | 76 | 57 | .571 | -- | 589 | 474 | Tommy Thompson | Ray Winder Field | 183,643 | Joe DeSa (8) | Len Strelitz (11) | League Champions |
| 2 | Shreveport Captains | SF | 73 | 62 | .541 | 4.0 | 579 | 494 | Andy Gilbert | SPAR Stadium | 47,333 | Steve Wilkins (13) | Scott Budner (1) | Lost in Semi-Finals |
| 3 | Jackson Mets | NYM | 70 | 65 | .519 | 7.0 | 496 | 495 | Bob Wellman | Smith-Wills Stadium | 68,340 | Jody Davis (11) | Greg Harris (3) | |
| 4 | Tulsa Drillers | TEX | 58 | 75 | .436 | 18.0 | 592 | 653 | Jimmie Schaffer | Oiler Park | 48,844 | Rick Lisi (9) | Chuck Lamson (6) | |
| Western | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Midland Cubs | CHC | 76 | 59 | .563 | -- | 916 | 760 | Randy Hundley | Cubs Stadium | 89,915 | Carlos Lezcano (4) | Bill Earley (4) | Lost in Semi-Finals |
| 2 | San Antonio Dodgers | LAD | 69 | 62 | .527 | 5.0 | 649 | 584 | Don LeJohn | V.J. Keefe Memorial Stadi | 63,990 | Tack Wilson (2) | Mark Nipp (7) | Lost in Finals |
| 3 | El Paso Diablos | CAL | 61 | 75 | .449 | 15.5 | 798 | 862 | Moose Stubing | Dudley Field | 266,475 | Mark Brouhard (1) | Ken Schrom (14) | |
| 4 | Amarillo Gold Sox | SD | 54 | 82 | .397 | 22.5 | 617 | 811 | Glenn Ezell, Rusty Gerhardt | Potter County Memorial St | 57,667 | Tim Flannery (15) | Eric Mustad (12) | |