| 1948–49 AHL season | |
| League: | American Hockey League |
| Sport: | Ice hockey |
| Season: | Regular season |
| Season Champ Name: | F. G. "Teddy" Oke Trophy |
| Season Champs: | St. Louis Flyers |
| Mvp: | Carl Liscombe |
| Mvp Link: | Les Cunningham Award |
| Top Scorer: | Sid Smith |
| Top Scorer Link: | Carl Liscombe Trophy |
| Finals: | Playoffs |
| Finals Link: | 1949 Calder Cup playoffs |
| Finals Champ: | Providence Reds |
| Seasonslistnames: | AHL |
The 1948–49 AHL season was the 13th season of the American Hockey League. Eleven teams played 68 games each in the schedule. The Wally Kilrea Trophy for the league's "top point scorer," is renamed the Carl Liscombe Trophy. The St. Louis Flyers won their first F. G. "Teddy" Oke Trophy as West Division champions. The Providence Reds and won their third Calder Cup as league champions.
Note: GP = Games played; W = Wins; L = Losses; T = Ties; GF = Goals for; GA = Goals against; Pts = Points;
| East | GP | W | L | T | Pts | GF | GA | |
|---|---|---|---|---|---|---|---|---|
| Providence Reds (independent) | 68 | 44 | 18 | 6 | 94 | 347 | 219 | |
| Hershey Bears (BOS) | 68 | 28 | 35 | 5 | 61 | 256 | 261 | |
| Springfield Indians (independent) | 68 | 22 | 37 | 9 | 53 | 240 | 276 | |
| New Haven Ramblers (NYR) | 68 | 20 | 40 | 8 | 48 | 223 | 286 | |
| Philadelphia Rockets (independent) | 68 | 15 | 48 | 5 | 35 | 230 | 407 | |
| Washington Lions (independent) | 68 | 11 | 53 | 4 | 26 | 179 | 401 |
| West | GP | W | L | T | Pts | GF | GA | |
|---|---|---|---|---|---|---|---|---|
| St. Louis Flyers (independent) | 68 | 41 | 18 | 9 | 91 | 294 | 192 | |
| Indianapolis Capitals (DET) | 68 | 39 | 17 | 12 | 90 | 288 | 209 | |
| Cleveland Barons (independent) | 68 | 41 | 21 | 6 | 88 | 286 | 251 | |
| Pittsburgh Hornets (TOR) | 68 | 39 | 19 | 10 | 88 | 301 | 175 | |
| Buffalo Bisons (MTL) | 68 | 33 | 27 | 8 | 74 | 246 | 213 |
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes
| Player | Team | GP | G | A | Pts | PIM | |
|---|---|---|---|---|---|---|---|
| 68 | 55 | 57 | 112 | 4 | |||
| 68 | 55 | 47 | 102 | 2 | |||
| 67 | 29 | 61 | 90 | 45 | |||
| 68 | 34 | 55 | 89 | 16 | |||
| 67 | 51 | 34 | 85 | 28 | |||
| 68 | 32 | 52 | 84 | 20 | |||
| 68 | 35 | 48 | 83 | 59 | |||
| 59 | 26 | 54 | 80 | 32 | |||
| 64 | 29 | 50 | 79 | 21 | |||
| 68 | 44 | 35 | 79 | 10 |
| Calder Cup Playoff champions: | Providence Reds | |
| F. G. "Teddy" Oke Trophy Regular Season champions, West Division: | St. Louis Flyers |
| Les Cunningham Award Most valuable player: | Carl Liscombe - Providence Reds | |
| Carl Liscombe Trophy Top point scorer: | Sid Smith - Pittsburgh Hornets | |
| Dudley "Red" Garrett Memorial Award Rookie of the year: | ||
| Harry "Hap" Holmes Memorial Award Lowest goals against average: | Baz Bastien - Pittsburgh Hornets |