Standings includes forfeits (Buffalo forfeited to New York due to the field being unplayable, November 17, 1940; Cincinnati forfeited to Buffalo due to injuries preventing the Bengals from fielding a complete team, November 24, 1940)
The 1940 New York Yankees, coached by Jack McBride, missed the playoffs after finishing the AFL3 regular season in 4th place with a 4-5 record.