For the 1992-1993 IHL season, the league consisted of 12 teams in four divisions. The Knights were placed in the Atlantic Division along with Cleveland (relocated from Muskegon) and Cincinnati (a fellow IHL expansion team).

Atlantic Division	GP	W	L	T	Pts	GF	GA	PIM
Atlanta Knights*	82	52	23	7	111	333	291	2433
Cleveland Lumberjacks**	82	39	34	9	87	329	330	2324
Cincinnati Cyclones*	82	27	48	7	61	305	364	2388

Central Division	GP	W	L	T	Pts	GF	GA	PIM
Fort Wayne Komets	82	49	27	6	104	339	294	2165
Indianapolis Ice	82	34	39	9	77	324	347	2155
Kalamazoo Wings	82	29	42	11	69	291	367	1897

Midwest Division	GP	W	L	T	Pts	GF	GA	PIM
Milwaukee Admirals	82	49	23	10	108	329	280	2041
Kansas City Blades	82	46	26	10	102	318	288	1822
Peoria Rivermen	82	41	33	8	90	297	307	1747

Pacific Division	GP	W	L	T	Pts	GF	GA	PIM
San Diego Gulls	82	62	12	8	132	381	229	2451
Salt Lake Golden Eagles	82	38	39	5	81	269	305	2482
Phoenix Roadrunners	82	26	50	6	58	248	361	2500

* IHL Expansion Team
** Relocated Team