The tournament featured three rounds of play. In the first round, the first and eighth seeds, the second and seventh seeds, the third seed and sixth seeds, and the fourth seed and fifth seeds played a two-game series where the team that scored the most total goals was declared the winner and advanced to the semifinals. In the semifinals, the highest and lowest seeds and second highest and second lowest seeds play a single-elimination game, with the winners advancing to the championship game and the losers meeting in a third-place game. The tournament champion receives an automatic bid to the 1993 NCAA Division I Men's Ice Hockey Tournament.
Conference standings
Note: GP = Games played; W = Wins; L = Losses; T = Ties; PTS = Points; GF = Goals For; GA = Goals Against