Template:1940 Negro National League standings
| vs. Negro National League | vs. Major Black Teams | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Negro National League | W | L | T | Pct. | GB | W | L | T | Pct. |
| Homestead Grays | 36 | 20 | 0 | .643 | — | 46 | 21 | 0 | .687 |
| Baltimore Elite Giants | 32 | 23 | 0 | .582 | 3½ | 44 | 28 | 0 | .611 |
| Newark Eagles | 28 | 22 | 1 | .559 | 5 | 28 | 23 | 1 | .548 |
| New York Black Yankees | 19 | 24 | 0 | .442 | 10½ | 24 | 27 | 0 | .471 |
| Philadelphia Stars | 24 | 37 | 0 | .393 | 14½ | 31 | 40 | 0 | .437 |
| New York Cubans | 13 | 26 | 1 | .338 | 14½ | 14 | 26 | 1 | .354 |