The Thrashers finished second in the Southeast behind the eventual Cup-winning Lightning, but Atlanta's 78 points were not enough to earn a playoff spot.
The Hurricanes finished third in the Southeast division with 76 points and missed the playoffs for the second consecutive year since reaching the Stanley Cup Finals.
Tampa Bay captured its first Stanley Cup, winning the Game 7 final against Calgary 2-1. The Lightning set the tone in the regular season with 106 points, tops in the East.
The Islanders finished third in the Atlanta division with 91 points and made the playoffs, losing in five games of the first round to eventual Stanley Cup champ Tampa Bay.
The Flyers finished first in the Atlantic division with 101 points, but lost in the Eastern Conference finals in seven games to the Tampa Bay Lightning.
The Senators finished third in the Northeast Division with 102 points, making the playoffs for the eighth consecutive season. But the Sens lost in seven games to Toronto in the first round.