| Award | Player | Team |
| Player of the Year | Joel Tapscott | Los Angeles |
| Front Office Bowl MVP | Patrick Moore | Pittsburgh |
| Coach of the Year | Jerry Fontenot | Washington |
| Legend of the Game | Vernon Carey | Carolina |
| Offensive Player of the Year | Ralph Strong | Pittsburgh |
| Defensive Player of the Year | George McDade | Detroit |
| Offensive Rookie of the Year | Tyrone Neville | Carolina |
| Defensive Rookie of the Year | Brett Price | Cincinnati |
| All-League First Team Quarterback | Joel Tapscott | Los Angeles |
| All-League First Team Running Back | Ralph Strong | Pittsburgh |
| All-League First Team Fullback | Fred Cooper | Kansas City |
| All-League First Team Tight End | Cornelius Newnam | Detroit |
| All-League First Team Wide Receiver | Karl Alexander | New York |
| All-League First Team Wide Receiver | Jordy Nelson | Detroit |
| All-League First Team Center | Ryan Kalil | Chicago |
| All-League First Team Offensive Guard | Andy Alleman | Washington |
| All-League First Team Offensive Guard | Broderick McKenney | Los Angeles |
| All-League First Team Offensive Tackle | Robert Gallery | Tennessee |
| All-League First Team Offensive Tackle | Jake Long | San Diego |
| All-League First Team Punter | Reggie Krumrei | San Francisco |
| All-League First Team Kicker | Taylor Mehlhaff | Buffalo |
| All-League First Team Defensive End | Teddy Flannery | Houston |
| All-League First Team Defensive End | Ernie Halkin | St. Louis |
| All-League First Team Defensive Tackle | Mitchell Bullock | Philadelphia |
| All-League First Team Defensive Tackle | Bernard Sisson | Arizona |
| All-League First Team Inside Linebacker | George McDade | Detroit |
| All-League First Team Outside Linebacker | Vince Strickland | Seattle |
| All-League First Team Outside Linebacker | Thomas Schoeppner | Dallas |
| All-League First Team Cornerback | Pete Wyoming | New York |
| All-League First Team Cornerback | Cedric Griffin | Arizona |
| All-League First Team Safety | DeJuan Morgan | Richmond |
| All-League First Team Safety | Jim Brewer | Seattle |
| All-League Second Team Quarterback | Vince Young | New York |
| All-League Second Team Running Back | Bobby Floyd | Tennessee |
| All-League Second Team Fullback | Owen Schmitt | Oakland |
| All-League Second Team Tight End | Greg Olsen | Los Angeles |
| All-League Second Team Wide Receiver | George Gray | Pittsburgh |
| All-League Second Team Wide Receiver | Eddie Royal | Atlanta |
| All-League Second Team Center | Phil Coward | Baltimore |
| All-League Second Team Offensive Guard | Junius Coston | Miami |
| All-League Second Team Offensive Guard | Marshal Yanda | Pittsburgh |
| All-League Second Team Offensive Tackle | Chris Williams | Pittsburgh |
| All-League Second Team Offensive Tackle | Neil Clark | New York |
| All-League Second Team Punter | J.R. Schroeder | Carolina |
| All-League Second Team Kicker | T.J. Flowers | Chicago |
| All-League Second Team Defensive End | Morris DeStefano | Green Bay |
| All-League Second Team Defensive End | Calais Campbell | Washington |
| All-League Second Team Defensive Tackle | Mark Chipokas | San Diego |
| All-League Second Team Defensive Tackle | Cedric Hardy | Tennessee |
| All-League Second Team Inside Linebacker | Abdul Hodge | Washington |
| All-League Second Team Outside Linebacker | DeMarcus Ware | New York |
| All-League Second Team Outside Linebacker | Grady Swinger | Indianapolis |
| All-League Second Team Cornerback | R.J. Terry | Buffalo |
| All-League Second Team Cornerback | Chad Neasman | Atlanta |
| All-League Second Team Safety | Bryant Turnbull | Carolina |
| All-League Second Team Safety | Grady Peters | San Diego |
| League's Fastest Man | Cedric Griffin | Arizona |
| League's Strongest Man | Paul Gordon | New England |