| W | L | T | PTS | |
| Erie Panthers | 37 | 20 | 3 | 77 |
| Johnstown Chiefs | 32 | 22 | 6 | 70 |
| Knoxville Cherokees | 32 | 27 | 1 | 65 |
| Carolina Thunderbirds | 27 | 32 | 1 | 55 |
| Virginia Lancers | 22 | 30 | 8 | 52 |
Playoffs:
Semifinals
Carolina defeated Erie 4 games to 0
Johnstown defeated Knoxville 4 games to 0
Finals
Carolina defeated Johnstown 4 games to 3