The 1972–73 AHL season was the 37th season of the American Hockey League. Twelve teams played 76 games each in the schedule. The Cincinnati Swords finished first overall in the regular season, and won the Calder Cup championship.

Team changes

Final standings

Note: GP = Games played; W = Wins; L = Losses; T = Ties; GF = Goals for; GA = Goals against; Pts = Points;

Scoring leaders

Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes

Calder Cup playoffs

Trophy and award winners