Nine teams participated in the regular season, and the Saginaw Gears won the Turner Cup.
IHL commissioner Bill Beagan testified at the July 1976 United States House of Representatives inquiry into professional sports, which investigated United States antitrust law, the effect of United States nationality law, finances of leagues and their franchises, and violence in sport.
[2] He testified that the IHL was the largest financial contributor to AHAUS at the time, and had an agreement with the National Hockey League (NHL) to develop on-ice officials and players, but the World Hockey Association (WHA) showed no interested in negotiating any agreement.
[3] Beagan felt that the NHL was no longer able to contribute much towards amateur programs in the United States or Canada due to competition from the WHA, which undermined the IHL.
[4] He stated the league faced challenges to maintain quality due to changes to immigration laws which deterred participation by players and referees who were Canadian.