| East | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Shreveport Captains ** | SF | 88 | 47 | .652 | -- | 733 | 530 | Ron Wotus | Fair Grounds Field | 173,996 | Jacob Cruz (6) | Steve Bourgeois (2) | League Champions |
| 2 | Arkansas Travelers | STL | 70 | 65 | .519 | 18.0 | 617 | 629 | Mike Ramsey | Ray Winder Field | 248,340 | Anthony Lewis (16) | Scott Simmons (8) | |
| 3 | Jackson Generals | HOU | 62 | 73 | .459 | 26.0 | 541 | 607 | Tim Tolman | Smith-Wills Stadium | 171,508 | Melvin Mora (13) | Tyrone Narcisse (4) | |
| 4 | Tulsa Drillers | TEX | 52 | 83 | .385 | 36.0 | 540 | 692 | Bob Jones | Drillers Stadium | 321,662 | Johnny Monell (12) | Chad Wiley (13) | |
| West | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Wichita Wranglers | KC | 72 | 64 | .529 | -- | 685 | 668 | Ron Johnson | Lawrence-Dumont Stadium | 203,134 | Johnny Damon (2) | Jaime Bluma (23) | Lost in Semi-Finals |
| 2 | El Paso Diablos | MIL | 68 | 68 | .500 | 4.0 | 733 | 764 | Tim Ireland | Cohen Stadium | 329,233 | Brian Banks (1) | Kevin Kloek (3) | |
| 3 | Midland Angels | CAL | 66 | 70 | .485 | 6.0 | 760 | 711 | Mario Mendoza | Angels Stadium | 202,830 | George Arias (3) | Ryan Hancock (1) | Lost in Finals |
| 4 | San Antonio Missions | LAD | 64 | 72 | .471 | 8.0 | 585 | 586 | John Shelby | Nelson W. Wolff Municipal | 387,090 | Oreste Marrero (11) | David Pyc (9) | |