The big story this season, as would be expected is New Lexington. They now find themselves only one game behind Sheridan in the race of the decade. Other changes since the close of last season include Crooksville slipping one spot behind Morgan, and Philo surpassing Maysville.
| Team | W | L | T | PF/G | PA/G | DIF | PCT | Titles | Playoffs |
| Sheridan | 47 | 12 | 0 | 31.6 | 8.9 | 22.7 | 0.797 | 2 | 5 |
| New Lexington | 46 | 13 | 0 | 27.2 | 13.9 | 13.3 | 0.780 | 3 | 4 |
| John Glenn | 43 | 16 | 0 | 26.3 | 13.1 | 13.2 | 0.729 | 0 | 4 |
| West Muskingum | 31 | 28 | 0 | 17.0 | 16.2 | 0.8 | 0.525 | 1 | 2 |
| Morgan | 28 | 31 | 0 | 19.0 | 23.5 | -4.5 | 0.475 | 1 | 1 |
| Crooksville | 26 | 33 | 0 | 16.8 | 20.3 | -3.5 | 0.441 | 0 | 2 |
| Tri-Valley | 19 | 40 | 0 | 16.5 | 24.8 | -8.3 | 0.322 | 0 | 1 |
| Philo | 15 | 44 | 0 | 11.9 | 26.8 | -14.9 | 0.254 | 0 | 0 |
| Maysville | 14 | 45 | 0 | 12.4 | 28.0 | -15.6 | 0.255 | 0 | 0 |
| Race of the Decade (through 2006) | |||
| Team | WINS | ||
 | 47 | ||
 | 46 | ||
 | 43 | ||
 | 31 | ||
 | 28 | ||
 | 26 | ||
 | 19 | ||
 | 15 | ||
 | 14 | ||
Sheridan, New Lex and John Glenn are the contenders here. It would take an unprecedented sequence of events for one of these three teams to not end up in the top spot. But this is the MVL and what happens next season is always anybodies guess. Best of luck to all MVL teams in the years to come.