Memphis won the first half of the season, Atlanta won the second half, and met in a play off series. Contested play-off declared "no contest" after Memphis up 2 games to 0 games
The 1938 Atlanta Black Crackers, managed by Nish Williams and Dick Lundy and Gabby Kemp, lost the NAL Championship after finishing the regular season in 4th place with a 32-31 record.