| Eastern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Shreveport Captains ** | SF | 86 | 50 | .632 | -- | 725 | 540 | Billy Evers | Fair Grounds Field | 206,540 | Juan Guerrero (7) | Larry Carter (2) | League Champions |
| 2 | Jackson Generals | HOU | 70 | 66 | .515 | 16.0 | 621 | 661 | Rick Sweet | Smith-Wills Stadium | 114,860 | Joe Mikulik (14) | Shane Reynolds (11) | |
| 3 | Tulsa Drillers | TEX | 58 | 78 | .426 | 28.0 | 554 | 703 | Bob Jones | Drillers Stadium | 260,864 | Jeff Frye (6) | David Perez (7) | |
| 4 | Arkansas Travelers | STL | 49 | 87 | .360 | 37.0 | 530 | 702 | Joe Pettini | Ray Winder Field | 265,268 | Mike Fiore (37) | Donovan Osborne (3) | |
| Western | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | El Paso Diablos | MIL | 81 | 55 | .596 | -- | 909 | 764 | Dave Huppert | Cohen Stadium | 273,436 | John Jaha (1) | Larry Carter (2) | Lost in Finals |
| 2 | Wichita Wranglers | SD | 71 | 64 | .526 | 9.5 | 684 | 697 | Steve Lubratich | Lawrence-Dumont Stadium | 200,717 | Darrell Sherman (5) | Frank Seminara (1) | |
| 3 | Midland Angels | CAL | 67 | 68 | .496 | 13.5 | 809 | 797 | Don Long | Angels Stadium | 180,616 | Mark Howie (3) | Todd James (9) | Lost in Semi-Finals |
| 4 | San Antonio Missions | LAD | 61 | 75 | .449 | 20.0 | 643 | 677 | John Shoemaker | V.J. Keefe Memorial Stadi | 185,336 | Eric Young (18) | Dennis Springer (6) | |