| Eastern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Shreveport Captains | SF | 77 | 59 | .566 | -- | 554 | 494 | Bill Robinson | Fair Grounds Field | 207,925 | Adell Davenport (2) | Dan Carlson (1) | Lost in Finals |
| 2 | Tulsa Drillers | TEX | 77 | 59 | .566 | -- | 520 | 479 | Bob Jones | Drillers Stadium | 290,393 | Jose Oliva (5) | Dan Smith (2) | Lost in Semi-Finals |
| 3 | Jackson Generals | HOU | 61 | 74 | .452 | 15.5 | 509 | 531 | Rick Sweet | Smith-Wills Stadium | 140,040 | Frank Kellner (18) | Dean Hartgraves (10) | |
| 4 | Arkansas Travelers | STL | 59 | 73 | .447 | 16.0 | 397 | 472 | Joe Pettini | Ray Winder Field | 265,984 | Mike Ross (20) | Kevin Meier (4) | |
| Western | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | El Paso Diablos | MIL | 73 | 63 | .537 | -- | 649 | 649 | Chris Bando | Cohen Stadium | 262,727 | Troy O'Leary (1) | Rafael Novoa (11) | Lost in Semi-Finals |
| 2 | Wichita Wranglers ** | SD | 70 | 66 | .515 | 3.0 | 619 | 603 | Bruce Bochy | Lawrence-Dumont Stadium | 210,990 | Jay Gainer (10) | Lance Painter (5) | League Champions |
| 3 | San Antonio Missions | LAD | 62 | 74 | .456 | 11.0 | 542 | 560 | Jerry Royster | V.J. Keefe Memorial Stadi | 177,365 | Billy Ashley (19) | Mike Mimbs (15) | |
| 4 | Midland Angels | CAL | 61 | 72 | .459 | 10.5 | 597 | 647 | Don Long | Angels Stadium | 195,629 | Rod Correia (7) | Dave Adams (12) | |