1986–87 AHL season

The 1986–87 AHL season was the 51st season of the American Hockey League. 13 teams played 80 games each in the schedule. The league institutes awarding one point in the standings, for an overtime loss. The league experimented with a shootout to settle games tied after a scoreless overtime period; the format would not be used again until the 2004–05 season.

The Sherbrooke Canadiens finished first overall in the regular season. The Rochester Americans won their fifth Calder Cup championship.

Team changes

 * The St. Catharines Saints move to Newmarket, Ontario, becoming the Newmarket Saints.

Final standings
Note: GP = Games played; W = Wins; L = Losses; OTL = Overtime losses; GF = Goals for; GA = Goals against; Pts = Points;

Scoring leaders
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes
 * complete list

Trophy and Award winners

 * Team awards
 * Individual awards
 * Other awards