The Kings made the playoffs, losing in the first round to the eventual Stanley Cup champion Edmonton Oilers.
Note: GP = Games played, W = Wins, L = Losses, T = Ties, Pts = Points, GF = Goals for, GA = Goals againstNote: Teams that qualified for the playoffs are highlighted in bold.
[3] The Kings were involved in the following transactions during the 1986–87 season.
[4] Los Angeles's draft picks at the 1986 NHL Entry Draft held at the Montreal Forum in Montreal.
The Kings attempted to select Grant Paranica in the second round of the 1986 NHL Supplemental Draft, but the pick was ruled invalid since Paranica entered school after age 20 and therefore did not meet eligibility requirements.