The season run from October 16, 2009 until March 20, 2010, followed with the Ray Miron President's Cup playoffs.
The season ended on May 4, 2010 when the Rapid City Rush defeated the Allen Americans in double overtime.
The Allen Americans (Allen, TX) and the Missouri Mavericks (Independence, MO) were added, the New Mexico Scorpions and Oklahoma City Blazers folded, and the Rocky Mountain Rage suspended operations, with hopes of rejoining the league for the 2010–11 season.
Note: GP = Games played; W = Wins; L = Losses; OTL = Overtime loss; Pts = Points; GF = Goals for; GA = Goals against y – clinched conference title; x – clinched playoff spot; e – eliminated from playoff contention
F Riley Nelson (Colorado) F Kevin Ulanski (Colorado) F Les Reaney (Rapid City) D Aaron Schneekloth (Colorado) D Derek Eastman (Tulsa) G Joel Martin (Odessa) F Ryan Garbutt (Corpus Christi) F Sean Muncy (Rio Grande Valley) F Nick Sirota (Missouri) D Jake Obermeyer (Amarillo) D Sean Erickson (Tulsa) G Danny Battochio (Rapid City)