The tournament consisted of three weeks of double round-robin play for the purpose of seeding, followed by a Championship weekend at the Forum in Montreal.

[2][3] Fort Lauderdale did not host a round because there was no suitable venue in the area that also met the minimum seating requirements.

Additionally the teams participated in a season-long Shootout Challenge competition, the champions of which would split a $5,000 purse.

[2] Tampa Bay won the championship final 5–4 on a golden goal by Mark Karpun at 1:58 of the second, seven and a half minute, overtime period.

Tampa Bay also won the $5,000 Shootout Challenge purse by defeating Ft. Lauderdale, 2–0, with Rowdies goalie Jürgen Stars stopping all three Strikers shots in the final round.