This was the 1985-86 Atlantic Coast Hockey League season.
| GP | W | L | T | GF | GA | Pts | |
|---|---|---|---|---|---|---|---|
| Carolina Thunderbirds | 63 | 49 | 14 | 0 | 397 | 227 | 104 |
| Erie Golden Blades | 64 | 34 | 30 | 0 | 369 | 321 | 76 |
| Virginia Lancers | 62 | 28 | 34 | 0 | 299 | 340 | 61 |
| Mohawk Valley Comets | 62 | 23 | 39 | 0 | 259 | 332 | 49 |
| New York Slapshots | 59 | 21 | 38 | 0 | 260 | 367 | 43 |
| Semifinals | Final | |||||||
| 1 | Carolina Thunderbirds | 4 | ||||||
| 4 | Mohawk Valley Comets | 2 | ||||||
| 1 | Carolina Thunderbirds | 4 | ||||||
| 2 | Erie Golden Blades | 1 | ||||||
| 2 | Erie Golden Blades | 4 | ||||||
| 3 | Virginia Lancers | 1 | ||||||