| Award | Player | Team |
| Player of the Year | Dustin Grossman | Minnesota |
| Front Office Bowl MVP | Marvin Elston | Houston |
| Coach of the Year | Bart Myers | Houston |
| Legend of the Game | Carson Palmer | Cincinnati |
| Offensive Player of the Year | Grant Garrett | Green Bay |
| Defensive Player of the Year | Adrian Wolf | New Jersey |
| Offensive Rookie of the Year | Harry Bauerschmidt | Chicago |
| Defensive Rookie of the Year | Michael Van Horn | Philadelphia |
| 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 | Clarence Wester | Minnesota |
| All-League First Team Wide Receiver | Buddy Hickman | Baltimore |
| All-League First Team Wide Receiver | Paul Sasaki | San Francisco |
| All-League First Team Center | Nick Glover | Denver |
| All-League First Team Offensive Guard | Fernando Fredrickson | Green Bay |
| All-League First Team Offensive Guard | Ken Lyons | Oakland |
| All-League First Team Offensive Tackle | Jay Ritter | Green Bay |
| All-League First Team Offensive Tackle | Hunter Carter | Atlanta |
| All-League First Team Punter | Gary Stevens | Chicago |
| All-League First Team Kicker | Marshall Arnswaldt | Atlanta |
| All-League First Team Defensive End | Adrian Wolf | New Jersey |
| All-League First Team Defensive End | Eugene Sullivan | Pittsburgh |
| All-League First Team Defensive Tackle | Devin Dennis | Philadelphia |
| All-League First Team Defensive Tackle | Benjamin Aguirre | Kansas City |
| All-League First Team Inside Linebacker | Alan Dotson | Tennessee |
| All-League First Team Outside Linebacker | Robert Fletcher | Minnesota |
| All-League First Team Outside Linebacker | Walter Hernandez | Miami |
| All-League First Team Cornerback | Michael Van Horn | Philadelphia |
| All-League First Team Cornerback | Shawn Muller | Chicago |
| All-League First Team Safety | Ty Brandon | Baltimore |
| All-League First Team Safety | Kenny Torres | San Francisco |
| All-League Second Team Quarterback | Andre Bush | New Orleans |
| All-League Second Team Running Back | Herb Cole | Tampa Bay |
| All-League Second Team Fullback | Erik McCaskill | Tampa Bay |
| All-League Second Team Tight End | Darnell Mueller | Buffalo |
| All-League Second Team Wide Receiver | Cornelius Gaffney | New England |
| All-League Second Team Wide Receiver | Sam Estrada | New York |
| All-League Second Team Center | Jimmie Welch | Green Bay |
| All-League Second Team Offensive Guard | Sedrick Boyer | Seattle |
| All-League Second Team Offensive Guard | Jimmy Lofton | Green Bay |
| All-League Second Team Offensive Tackle | Roger Gordon | Detroit |
| All-League Second Team Offensive Tackle | Devin Fulcher | Tampa Bay |
| All-League Second Team Punter | Sammie Campbell | Kansas City |
| All-League Second Team Kicker | Xavier Alcott | Baltimore |
| All-League Second Team Defensive End | Claude Manning | Kansas City |
| All-League Second Team Defensive End | Dan Rodriguez | Houston |
| All-League Second Team Defensive Tackle | Earnest Stargell | Indianapolis |
| All-League Second Team Defensive Tackle | Mitch Wagner | Dallas |
| All-League Second Team Inside Linebacker | Reggie Rivard | Cleveland |
| All-League Second Team Outside Linebacker | Winston Sullivan | Houston |
| All-League Second Team Outside Linebacker | J.J. Hasselbeck | San Francisco |
| All-League Second Team Cornerback | Tyrus Beadnell | San Diego |
| All-League Second Team Cornerback | Lamont Mason | Dallas |
| All-League Second Team Safety | Blake Hayes | Seattle |
| All-League Second Team Safety | Dennis Finneran | Green Bay |
| League's Fastest Man | Paul Sasaki | San Francisco |
| League's Strongest Man | Desmond Tetreault | Denver |