| Award | Player | Team |
| Player of the Year | Dustin Grossman | Minnesota |
| Front Office Bowl MVP | Stan Norris | Miami |
| Coach of the Year | Kenneth Keating | Minnesota |
| Legend of the Game | Drew Brees | San Diego |
| Offensive Player of the Year | Dustin Grossman | Minnesota |
| Defensive Player of the Year | Bart Love | San Diego |
| Offensive Rookie of the Year | Donny Shepherd | New York |
| Defensive Rookie of the Year | Reggie Rivard | Cleveland |
| All-League First Team Quarterback | Dustin Grossman | Minnesota |
| All-League First Team Running Back | Grant Garrett | Green Bay |
| All-League First Team Fullback | Leonard McGee | Seattle |
| All-League First Team Tight End | Sam Emmons | Houston |
| All-League First Team Wide Receiver | Brock Poston | San Francisco |
| All-League First Team Wide Receiver | Herman Nager | Arizona |
| All-League First Team Center | Chester Modig | Kansas City |
| All-League First Team Offensive Guard | Fernando Fredrickson | Green Bay |
| All-League First Team Offensive Guard | Anthony Hansen | New York |
| All-League First Team Offensive Tackle | Kyle Nall | Buffalo |
| All-League First Team Offensive Tackle | Vernon Lichtenberger | Buffalo |
| All-League First Team Punter | Kendall Ford | New York |
| All-League First Team Kicker | William O'Field | Minnesota |
| All-League First Team Defensive End | Bart Love | San Diego |
| All-League First Team Defensive End | Eugene Sullivan | Pittsburgh |
| All-League First Team Defensive Tackle | Darrin Coster | Cleveland |
| All-League First Team Defensive Tackle | Luther Western | Denver |
| All-League First Team Inside Linebacker | Reggie Rivard | Cleveland |
| All-League First Team Outside Linebacker | Robert Fletcher | Minnesota |
| All-League First Team Outside Linebacker | Brock Price | Oakland |
| All-League First Team Cornerback | Tyrus Beadnell | San Diego |
| All-League First Team Cornerback | Rodney Mariano | Seattle |
| All-League First Team Safety | Kenny Torres | San Francisco |
| All-League First Team Safety | Stephen Horton | Indianapolis |
| All-League Second Team Quarterback | Gino Jansen | Oakland |
| All-League Second Team Running Back | Mack Humphrey | Indianapolis |
| All-League Second Team Fullback | Vernon Kley | New Orleans |
| All-League Second Team Tight End | Aaron McCarter | New Orleans |
| All-League Second Team Wide Receiver | Buddy Hickman | Baltimore |
| All-League Second Team Wide Receiver | Ed Klekamp | Minnesota |
| All-League Second Team Center | Gene Conway | San Diego |
| All-League Second Team Offensive Guard | Tyrell Wheeler | New Orleans |
| All-League Second Team Offensive Guard | Thurman Carter | Kansas City |
| All-League Second Team Offensive Tackle | Herb Woods | Kansas City |
| All-League Second Team Offensive Tackle | Bob Johnstone | Cincinnati |
| All-League Second Team Punter | Gary Stevens | Chicago |
| All-League Second Team Kicker | Curtis Newman | Arizona |
| All-League Second Team Defensive End | Trent Owens | Minnesota |
| All-League Second Team Defensive End | Emmanuel Perry | Tampa Bay |
| All-League Second Team Defensive Tackle | Steven Fletcher | New England |
| All-League Second Team Defensive Tackle | Preston England | Green Bay |
| All-League Second Team Inside Linebacker | Cedric Murphy | Philadelphia |
| All-League Second Team Outside Linebacker | Britt Sword | New York |
| All-League Second Team Outside Linebacker | Scott Holdhusen | Buffalo |
| All-League Second Team Cornerback | Floyd Clemons | Indianapolis |
| All-League Second Team Cornerback | Cedric Spurrier | Jacksonville |
| All-League Second Team Safety | T.J. Norton | St. Louis |
| All-League Second Team Safety | Ty Brandon | Baltimore |
| League's Fastest Man | Artose Aidoo | New Orleans |
| League's Strongest Man | Hunter Carter | Atlanta |