| Team (as 24 May '04) | Treasury | shares owned | Shares Outstanding | IOP Price | Price | statistical price[1] | current score | last season remaining to score (Through end of May) | current season[2] | other |
| El Paso Patriots (demoted) | $520 | 0 | 7+ | $1.01 | $10.13 | $10.75 | 9.5 | 7 | 2.5 | 0 |
| Carolina Dynamo (demoted) | $520 | 0 | 7+ | $0.70 | $6.96 | $7.11 | 6.805556 | 5.055556 | 1.75 | 0 |
| New Jersey Stallions (demoted) | $520 | 0 | 7+ | $0.40 | $4.03 | $4.49 | 3.565789 | 3.315789 | 0.25 | 0 |
| Indiana Blast (demoted) | $520 | 0 | 7+ | $0.38 | $3.83 | $4.02 | 3.638889 | 2.888889 | 0.75 | 0 |
| Fresno Fuego | $520 | 0 | 7+ | $0.18 | $1.76 | $0.01 | 3.5 | 0 | 3.5 | 0 |
| Orange County Blue Star | $520 | 0 | 7+ | $0.13 | $1.26 | $0.01 | 2.5 | 0 | 2.5 | 0 |
| Cocoa Expos | $520 | 0 | 7+ | $0.13 | $1.26 | $0.01 | 2.5 | 0 | 2.5 | 0 |
| Chicago Fire Reserve | $520 | 0 | 7+ | $0.13 | $1.26 | $0.01 | 2.5 | 0 | 2.5 | 0 |
| DFW Tornados | $520 | 0 | 7+ | $0.10 | $1.01 | $0.01 | 2 | 0 | 2 | 0 |
| Boulder Rapids Reserve | $520 | 0 | 7+ | $0.10 | $1.01 | $0.01 | 2 | 0 | 2 | 0 |
| Spokane Shadow | $520 | 0 | 7+ | $0.10 | $1.01 | $0.01 | 2 | 0 | 2 | 0 |
| Colorado Springs Blizzard | $520 | 0 | 7+ | $0.09 | $0.88 | $0.01 | 1.75 | 0 | 1.75 | 0 |
| New Orleans Shell Shockers | $520 | 0 | 7+ | $0.09 | $0.88 | $0.01 | 1.75 | 0 | 1.75 | 0 |
| South Jersey Barons | $520 | 0 | 7+ | $0.09 | $0.88 | $0.01 | 1.75 | 0 | 1.75 | 0 |
| Reading Rage | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| St. Louis Strikers | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Central Florida Kraze | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Southern California Seahorses | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Williamsburg Legacy | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Cape Cod Crusaders | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Memphis Express | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Nashville Metros | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Cascade Surge | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Ajax Orlando Prospects | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Kalamazoo Kingdom | $520 | 0 | 7+ | $0.08 | $0.76 | $0.01 | 1.5 | 0 | 1.5 | 0 |
| Raleigh CASL Elite | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Richmond Kickers Future | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Michigan Bucks | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Fort Wayne Fever | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Chesapeake Dragons | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Albany Blackwatch Highlanders | $520 | 0 | 7+ | $0.06 | $0.63 | $0.01 | 1.25 | 0 | 1.25 | 0 |
| Brooklyn Knights | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Austin Lightning | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Nevada Wonders | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Kansas City Brass | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Rhode Island Stingrays | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Lafayette Swamp Cats | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Indiana Invaders | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Des Moines Menace | $520 | 0 | 7+ | $0.05 | $0.51 | $0.01 | 1 | 0 | 1 | 0 |
| Vermont Voltage | $520 | 0 | 7+ | $0.04 | $0.38 | $0.01 | 0.75 | 0 | 0.75 | 0 |
| West Michigan Edge | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Jersey Falcons | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| BYU Cougars | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Abbotsford Rangers | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Cleveland Internationals | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Toledo Slayers | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Thunder Bay Chill | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Bradenton Academics | $520 | 0 | 7+ | $0.03 | $0.26 | $0.01 | 0.5 | 0 | 0.5 | 0 |
| Sioux Falls SpitFire | $520 | 0 | 7+ | $0.01 | $0.13 | $0.01 | 0.25 | 0 | 0.25 | 0 |
| Laredo Heat | $520 | 0 | 7+ | $0.01 | $0.13 | $0.01 | 0.25 | 0 | 0.25 | 0 |
| Wisconsin Rebels | $520 | 0 | 7+ | $0.01 | $0.13 | $0.01 | 0.25 | 0 | 0.25 | 0 |
| West Virginia Chaos | $520 | 0 | 7+ | $0.00 | $0.01 | $0.01 | 0 | 0 | 0 | 0 |
| Palm Beach Pumas | $520 | 0 | 7+ | $0.00 | $0.01 | $0.01 | 0 | 0 | 0 | 0 |
| Yakima Reds | $520 | 0 | 7+ | $0.00 | $0.01 | $0.01 | 0 | 0 | 0 | 0 |
| Columbus Shooting Stars (dissolved) | $520 | 0 | 7+ | $0.00 | $0.01 | $0.01 | 0 | 0 | 0 | 0 |