| Northern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Hagerstown Suns | BAL | 91 | 48 | .655 | -- | 842 | 764 | Bob Molinaro | Municipal Stadium | 144,161 | Craig Worthington (2) | Chuck Stanhope (8) | Lost in Finals |
| 2 | Lynchburg Mets | NYM | 75 | 65 | .536 | 16.5 | 829 | 692 | Bobby Floyd | Lynchburg City Stadium | 87,930 | Marcus Lawton (5) | Shane Young (10) | |
| 3 | Prince William Pirates | PIT | 67 | 72 | .482 | 24.0 | 613 | 626 | Rocky Bridges | G. Richard Pfitzner Stadi | 117,000 | Lance Belen (8) | Jose Melendez (1) | |
| 4 | Salem Redbirds | TEX | 45 | 93 | .326 | 45.5 | 592 | 932 | Mike Bucci | Salem Municipal Stadium | 87,047 | Kevin Reimer (18) | Steve Lankard (21) | |
| Southern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Winston-Salem Spirits ** | CHC | 82 | 56 | .594 | -- | 748 | 522 | Jim Essian | Ernie Shore Field | 136,841 | Doug Dascenzo (1) | Roger Williams (3) | League Champions |
| 2 | Durham Bulls | ATL | 72 | 68 | .514 | 11.0 | 771 | 738 | Buddy Bailey | Durham Athletic Park | 197,125 | Ron Gant (3) | Rick Siebert (12) | |
| 3 | Kinston Eagles | - | 60 | 76 | .441 | 21.0 | 618 | 802 | Dave Trembley | Grainger Stadium | 48,845 | Gene Gentile (7) | Marty Reed (5) | |
| 4 | Peninsula White Sox | CHW | 60 | 74 | .448 | 20.0 | 655 | 711 | Bob Bailey, Duke Sims | War Memorial Stadium | 75,928 | Ed Sedar (16) | Chris Jefts (15) | |