The 1991–92 WHL season was the 26th season for the Western Hockey League. Fifteen teams completed a 72 game season. The Kamloops Blazers won the President's Cup before going on to win the Memorial Cup.
- The Tacoma Rockets joined the WHL as its 15th franchise, playing in the West Division.
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalties in minutes
1992 WHL Playoffs
On February 5, the WHL All-Stars defeated a combined QMJHL/OHL All-Star team 5–4 in double overtime at Saskatoon, Saskatchewan before a crowd of 4,519.
|Most Valuable Player - Four Broncos Memorial Trophy: Steve Konowalchuk, Portland Winter Hawks
|Scholastic Player of the Year - Daryl K. (Doc) Seaman Trophy: Ashley Buckberger, Swift Current Broncos
|Top Scorer - Bob Clarke Trophy: Kevin St. Jacques, Lethbridge Hurricanes
|Most Sportsmanlike Player - Brad Hornung Trophy: Steve Junker, Spokane Chiefs
|Top Defenseman - Bill Hunter Trophy: Richard Matvichuk, Saskatoon Blades
|Rookie of the Year - Jim Piggott Memorial Trophy: Ashley Buckberger, Swift Current Broncos
|Top Goaltender - Del Wilson Trophy: Corey Hirsch, Kamloops Blazers
|Coach of the Year - Dunc McCallum Memorial Trophy: Bryan Maxwell, Spokane Chiefs
|Executive of the Year - Lloyd Saunders Memorial Trophy: Darryl Lubiniecki, Saskatoon Blades
|Regular season Champions - Scotty Munro Memorial Trophy: Kamloops Blazers
|Marketing/Public Relations Award - St. Clair Group Trophy: Mark Dennis, Tacoma Rockets
|WHL Plus-Minus Award: Dean McAmmond, Prince Albert Raiders
|Playoff Most Valuable Player - airBC Trophy: Jarrett Deuling, Kamloops Blazers