The 1987–88 IHL season was the 43rd season of the International Hockey League, a North American minor professional league. Nine teams participated in the regular season, and the Salt Lake Golden Eagles won the Turner Cup. The Indianapolis Ice joined the league in the following 1988–89 IHL season.
| East Division | GP | W | L | T | OTL | GF | GA | Pts |
|---|---|---|---|---|---|---|---|---|
| Muskegon Lumberjacks | 82 | 58 | 14 | 0 | 10 | 415 | 269 | 126 |
| Fort Wayne Komets | 82 | 48 | 30 | 0 | 4 | 343 | 310 | 100 |
| Saginaw Hawks | 82 | 45 | 30 | 0 | 7 | 325 | 294 | 97 |
| Flint Spirits | 82 | 42 | 31 | 0 | 9 | 395 | 289 | 93 |
| Kalamazoo Wings | 82 | 37 | 33 | 0 | 12 | 328 | 360 | 86 |
| West Division | GP | W | L | T | OTL | GF | GA | Pts |
|---|---|---|---|---|---|---|---|---|
| Colorado Rangers | 82 | 44 | 35 | 0 | 3 | 344 | 354 | 91 |
| Salt Lake Golden Eagles | 82 | 40 | 34 | 0 | 8 | 308 | 303 | 88 |
| Peoria Rivermen | 82 | 34 | 41 | 0 | 7 | 301 | 338 | 75 |
| Milwaukee Admirals | 82 | 21 | 54 | 0 | 7 | 288 | 430 | 49 |
| Turner Cup-Quarterfinals | Turner Cup-Semifinals | Turner Cup-Final | ||||||||||||
| E2 | Fort Wayne Komets | 2 | ||||||||||||
| E3 | Saginaw Hawks | 4 | ||||||||||||
| E3 | Saginaw Hawks | 0 | ||||||||||||
| E4 | Flint Spirits | 4 | ||||||||||||
| E1 | Muskegon Lumberjacks | 2 | ||||||||||||
| E4 | Flint Spirits | 4 | ||||||||||||
| E4 | Flint Spirits | 2 | ||||||||||||
| W2 | Salt Lake Golden Eagles | 4 | ||||||||||||
| W1 | Colorado Rangers | 4 | ||||||||||||
| E5 | Kalamazoo Wings | 3 | ||||||||||||
| W1 | Colorado Rangers | 2 | ||||||||||||
| W2 | Salt Lake Golden Eagles | 4 | ||||||||||||
| W2 | Salt Lake Golden Eagles | 4 | ||||||||||||
| W3 | Peoria Rivermen | 3 | ||||||||||||