| Eastern | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Buffalo Bisons | CLE | 84 | 60 | .583 | -- | 723 | 632 | Brian Graham | North AmeriCare Park | 825,530 | Nigel Wilson (1) | Joe Roa (4) | Lost in Semi-Finals |
| 2 | Louisville Redbirds | STL | 84 | 78 | .519 | 9.0 | 583 | 741 | Joe Pettini | Cardinal Stadium | 494,929 | Dmitri Young (3) | John Frascatore (7) | |
| 3 | Indianapolis Indians | CIN | 78 | 86 | .476 | 16.0 | 689 | 578 | Dave Miley | 537,325 | Eduardo Perez (6) | Jerry Spradlin (18) | Lost in Finals | |
| 4 | Nashville Sounds | CHW | 77 | 67 | .535 | 7.0 | 624 | 590 | Rick Renick | Herschel Greer Stadium | 303,407 | Olmedo Saenz (9) | Scott Ruffcorn (3) | |
| Western | ||||||||||||||
| Rk | Team | Affiliate | W | L | Pct | Gbl | RF | RA | Manager | Stadium | Attendance | Top Batter | Top Pitcher | Playoffs |
| 1 | Omaha Royals | KC | 79 | 65 | .549 | -- | 712 | 668 | Mike Jirschele | Johnny Rosenblatt Stadium | 421,994 | Darren Burton (8) | Glendon Rusch (5) | Lost in Semi-Finals |
| 2 | Oklahoma City 89ers ** | TEX | 74 | 70 | .514 | 5.0 | 658 | 595 | Greg Biagini | All Sports Stadium | 267,784 | Lee Stevens (2) | Jose Alberro (1) | League Champions |
| 3 | Iowa Cubs | CHC | 60 | 84 | .417 | 19.0 | 593 | 676 | Ron Clark | Sec Taylor Stadium II | 453,630 | Brooks Kieschnick (25) | Kennie Steenstra (6) | |
| 4 | New Orleans Zephyrs | MIL | 58 | 84 | .408 | 20.0 | 606 | 708 | Tim Ireland | Privateer Park | 180,485 | Brian Banks (4) | Brian Givens (9) | |