The 1992–93 ECHL season was the fifth season of the ECHL. In 1992, the league saw numerous changes in team membership. The Winston-Salem Thunderbirds move to Wheeling, WV, becoming the first franchise to make a major relocation, the Roanoke Valley Rebels announced that they were changing their name to the Roanoke Valley Rampage, and the Cincinnati Cyclones announced that they were moving to the International Hockey League and were being replaced with a franchise in Birmingham, AL. The fifteen teams played 64 games in the schedule. The Wheeling Thunderbirds finished first overall in the regular season. The Toledo Storm won their first Riley Cup championship.
League realignment
The ECHL announced a realignment of the two divisions in the light of recent changes in team membership.
East Division
West Division
Regular season
Note: GP = Games played, W = Wins, L = Losses, T = Ties, Pts = Points, GF = Goals for, GA = Goals against, Green shade = Clinched playoff spot, Blue shade = Clinched division
| East Division | GP | W | L | OTL | Pts | GF | GA |
|---|---|---|---|---|---|---|---|
| Wheeling Thunderbirds | 64 | 40 | 16 | 8 | 88 | 314 | 223 |
| Hampton Roads Admirals | 64 | 37 | 21 | 6 | 80 | 294 | 235 |
| Raleigh Icecaps | 64 | 37 | 22 | 5 | '79 | 289 | 262 |
| Johnstown Chiefs | 64 | 34 | 23 | 7 | 75 | 281 | 264 |
| Richmond Renegades | 64 | 34 | 28 | 2 | 70 | 292 | 292 |
| Greensboro Monarchs | 64 | 33 | 29 | 2 | 68 | 256 | 261 |
| Roanoke Valley Rampage | 64 | 14 | 49 | 1 | 29 | 227 | 387 |
| West Division | GP | W | L | OTL | Pts | GF | GA |
|---|---|---|---|---|---|---|---|
| Toledo Storm | 64 | 36 | 17 | 11 | 83 | 316 | 238 |
| Dayton Bombers | 64 | 35 | 23 | 6 | 76 | 282 | 270 |
| Nashville Knights | 64 | 36 | 25 | 3 | 75 | 312 | 305 |
| Erie Panthers | 64 | 35 | 25 | 4 | 74 | 305 | 307 |
| Louisville Icehawks | 64 | 30 | 27 | 7 | 67 | 302 | 293 |
| Birmingham Bulls | 64 | 30 | 29 | 5 | 65 | 290 | 313 |
| Columbus Chill | 64 | 30 | 30 | 4 | 64 | 257 | 256 |
| Knoxville Cherokees | 64 | 19 | 39 | 6 | 44 | 212 | 323 |
Riley Cup playoffs
Bracket
| 1st Round | Quarterfinals | Semifinals | Finals | ||||||||||||||||
| E.1 | Wheeling | 3 | |||||||||||||||||
| E.4 | Johnstown | 1 | E.4 | Johnstown | 1 | ||||||||||||||
| E.5 | Richmond | 0 | E.1 | Wheeling | 4 | ||||||||||||||
| E.3 | Raleigh | 2 | |||||||||||||||||
| E.2 | Hampton Roads | 1 | |||||||||||||||||
| E.3 | Raleigh | 3 | |||||||||||||||||
| E.1 | Wheeling | 2 | |||||||||||||||||
| W.1 | Toledo | 4 | |||||||||||||||||
| W.2 | Dayton | 0 | |||||||||||||||||
| W.4 | Erie | 1 | W.3 | Nashville | 3 | ||||||||||||||
| E.6 | Greensboro | 0 | W.3 | Nashville | 2 | ||||||||||||||
| W.1 | Toledo | 4 | |||||||||||||||||
| W.1 | Toledo | 3 | |||||||||||||||||
| W.4 | Erie | 1 | |||||||||||||||||
- E. is short for East Division
- W. is short for West Division
1st round
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Quarterfinals
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Semifinals
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Riley Cup finals
| Toledo vs. Wheeling | |||
|---|---|---|---|
| Away | Home | ||
| Toledo 3 | Wheeling 5 | ||
| Toledo 3 | Wheeling 7 | ||
| Wheeling 3 | Toledo 4 | ||
| Wheeling 5 | Toledo 7 | ||
| Toledo 4 | Wheeling 2 | ||
| Wheeling 6 | Toledo 7 | OT | |
| Toledo wins Series and Riley Cup 4–2 | |||
ECHL awards
| Jack Riley Cup: | Toledo Storm |
| Henry Brabham Cup: | Wheeling Thunderbirds |
| John Brophy Award: | Kurt Kleinendorst (Raleigh) |
| ECHL Most Valuable Player: | Trevor Jobe (Nashville) |
| Riley Cup Playoffs Most Valuable Player: | Rick Judson (Toledo) |
| ECHL Rookie of the Year: | Joe Flanagan (Birmingham) |
| Defenseman of the Year: | Derek Booth (Toledo) |
| Leading Scorer: | Trevor Jobe (Nashville) |