[3] The Florida Seals folded mid-season after not meeting contractual obligations to their arena.
A one-round dispersal draft was held January 5, with each team choosing one player from the Seals' roster.
The picks were as follows: Pee Dee - Justin Keller, Jacksonville - Lawne Snyder, Fayetteville - Rob Sich, Richmond - Matt Balser, Columbus - Chad Haacke, Knoxville - Craig Geerlinks, Huntsville - Craig Miller.
[1] F Rob Sich (Fayetteville) F Allan Sirois (Pee Dee) F Kevin Swider (Knoxville) D Brian Goudie (Richmond) D Jonathan Lounsbury (Huntsville) G Chad Rycroft (Columbus) F Tim Green (Columbus) F James Patterson (Huntsville) F Tim Velemirovich (Fayetteville) D Steve Howard (Columbus) D Doug Searle (Knoxville) G Matt Carmichael (Huntsville)
F Daryl Moore (Pee Dee) F Mike Tuomi (Knoxville) F Tim Velemirovich (Fayetteville) D Dylan Row (Fayetteville) D Phillip Youngclaus (Richmond) G Doug Groenestege (Richmond)