The league expanded to nineteen teams with the addition of the Vancouver Giants.
The Red Deer Rebels won their second consecutive Scotty Munro Memorial Trophy for posting the best regular season record; the Rebels also returned to the championship series for a second straight here.
However, the Kootenay Ice defeated the Rebels to win their second President's Cup and a berth in the 2002 Memorial Cup, where the Ice would win their first Memorial Cup title.
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalties in minutes Note: GP = Games played; Min = Minutes played; W = Wins; L = Losses; T = Ties ; GA = Goals against; SO = Total shutouts; SV% = Save percentage; GAA = Goals against average On January 24, the WHL Eastern All-Stars were defeated by the OHL Western All-Stars 7–2 at Red Deer, Alberta before a crowd of 6,259.
On February 6, the WHL Western All-Stars defeated the QMJHL Dilio All-Stars 9–4 at Rimouski, Quebec before a crowd of 4,762.