| Award | Player | Team |
| Player of the Year | Joe Flacco | New England |
| Front Office Bowl MVP | Rico Howe | Pittsburgh |
| Coach of the Year | Rabih Abdullah | New England |
| Legend of the Game | Lenny Wiggins | Chicago |
| Offensive Player of the Year | Joe Flacco | New England |
| Defensive Player of the Year | Curtis Zuck | New England |
| Offensive Rookie of the Year | Justin Chellino | Richmond |
| Defensive Rookie of the Year | Harold Heck | Green Bay |
| All-League First Team Quarterback | Joe Flacco | New England |
| All-League First Team Running Back | Dexter McCluster | Denver |
| All-League First Team Fullback | Jeremy Brakke | Detroit |
| All-League First Team Tight End | Jermaine Gresham | Philadelphia |
| All-League First Team Wide Receiver | Rodney Lyons | New England |
| All-League First Team Wide Receiver | Mike Smith | New England |
| All-League First Team Center | Deion Collier | Atlanta |
| All-League First Team Offensive Guard | William Florey | Seattle |
| All-League First Team Offensive Guard | Kraig Urbik | Tennessee |
| All-League First Team Offensive Tackle | Trent Williams | Philadelphia |
| All-League First Team Offensive Tackle | Duane Brown | Kansas City |
| All-League First Team Punter | Kendrick McGregor | Washington |
| All-League First Team Kicker | Taylor Mehlhaff | Buffalo |
| All-League First Team Defensive End | Rick Holliday | Kansas City |
| All-League First Team Defensive End | Billy Joe Corbett | Denver |
| All-League First Team Defensive Tackle | Bennie LaPointe | Philadelphia |
| All-League First Team Defensive Tackle | Wade Turner | Carolina |
| All-League First Team Inside Linebacker | Allen Parrella | Seattle |
| All-League First Team Outside Linebacker | Curtis Zuck | New England |
| All-League First Team Outside Linebacker | Harvey Emmons | Green Bay |
| All-League First Team Cornerback | Blake Reynolds | Cleveland |
| All-League First Team Cornerback | Wayne Maxwell | Pittsburgh |
| All-League First Team Safety | Louis Delmas | Carolina |
| All-League First Team Safety | Allen Weber | Minnesota |
| All-League Second Team Quarterback | Tim Tebow | Los Angeles |
| All-League Second Team Running Back | Phillip Embry | St. Louis |
| All-League Second Team Fullback | Artie Purvis | St. Louis |
| All-League Second Team Tight End | Claude Drake | Miami |
| All-League Second Team Wide Receiver | Jimmie Mahaffey | Indianapolis |
| All-League Second Team Wide Receiver | R.J. Bradley | Seattle |
| All-League Second Team Center | Winfred Zaccardelli | Kansas City |
| All-League Second Team Offensive Guard | Mack Brooks | Kansas City |
| All-League Second Team Offensive Guard | Martin Felker | Arizona |
| All-League Second Team Offensive Tackle | Cornell Palmer | Green Bay |
| All-League Second Team Offensive Tackle | Bill Horn | Miami |
| All-League Second Team Punter | Joseph Bush | Richmond |
| All-League Second Team Kicker | Tito Bakic | Seattle |
| All-League Second Team Defensive End | Donnie Johnson | Indianapolis |
| All-League Second Team Defensive End | Gerald Stavros | Los Angeles |
| All-League Second Team Defensive Tackle | Gerald McCoy | Indianapolis |
| All-League Second Team Defensive Tackle | Kentwan Balmer | Cincinnati |
| All-League Second Team Inside Linebacker | Albert Markwald | Dallas |
| All-League Second Team Outside Linebacker | Albert Nagi | Richmond |
| All-League Second Team Outside Linebacker | Brandon Graham | Indianapolis |
| All-League Second Team Cornerback | Darryl Dole | Los Angeles |
| All-League Second Team Cornerback | Hal Tyler | Green Bay |
| All-League Second Team Safety | Darrin Aradchi | Green Bay |
| All-League Second Team Safety | Bernie Hoffer | New York |
| League's Fastest Man | Jermaine Morris | Richmond |
| League's Strongest Man | Cory Greer | Dallas |