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 | 39 | 20 | 1 | .658 | — | 53 | 23 | 2 | .692 |
| Baltimore Elite Giants | 30 | 21 | 0 | .588 | 5 | 44 | 29 | 0 | .603 |
| Newark Eagles | 29 | 23 | 2 | .556 | 6½ | 30 | 24 | 2 | .554 |
| New York Black Yankees | 20 | 22 | 0 | .476 | 10½ | 26 | 27 | 0 | .491 |
| Philadelphia Stars | 22 | 37 | 0 | .373 | 17 | 31 | 40 | 0 | .437 |
| New York Cubans | 13 | 30 | 1 | .307 | 18 | 15 | 34 | 2 | .314 |