| Award | Player | Team |
| Player of the Year | Dustin Grossman | Cincinnati |
| Front Office Bowl MVP | Nolan Stevens | Kansas City |
| Coach of the Year | Pete Green | New York |
| Legend of the Game | Bryce Todd | Philadelphia |
| Offensive Player of the Year | Dustin Grossman | Cincinnati |
| Defensive Player of the Year | Steve O'Neill | Cleveland |
| Offensive Rookie of the Year | Darren Bling | Arizona |
| Defensive Rookie of the Year | Benjamin Berry | Buffalo |
| All-League First Team Quarterback | Dustin Grossman | Cincinnati |
| All-League First Team Running Back | Jermaine McCray | St. Louis |
| All-League First Team Fullback | D.J. Shaw | Chicago |
| All-League First Team Tight End | Lamar Dobbs | Houston |
| All-League First Team Wide Receiver | Marty Heinlein | Denver |
| All-League First Team Wide Receiver | Buddy Hickman | Baltimore |
| All-League First Team Center | Rondell Wright | Tennessee |
| All-League First Team Offensive Guard | Aaron Cash | Indianapolis |
| All-League First Team Offensive Guard | Lorenzo Bennett | Cincinnati |
| All-League First Team Offensive Tackle | Mitch Allen | St. Louis |
| All-League First Team Offensive Tackle | J.R. Scarbrough | Kansas City |
| All-League First Team Punter | Kennedy Szabo | Houston |
| All-League First Team Kicker | Grady Linquist | Pittsburgh |
| All-League First Team Defensive End | Steve O'Neill | Cleveland |
| All-League First Team Defensive End | Danny Farley | Chicago |
| All-League First Team Defensive Tackle | Blaine Goodwin | Philadelphia |
| All-League First Team Defensive Tackle | Randal Russell | Oakland |
| All-League First Team Inside Linebacker | Wendell Baker | New York |
| All-League First Team Outside Linebacker | Nolan Stevens | Kansas City |
| All-League First Team Outside Linebacker | Paul Hanson | Tampa Bay |
| All-League First Team Cornerback | Darren Bernard | San Francisco |
| All-League First Team Cornerback | Jayson Lee | Tampa Bay |
| All-League First Team Safety | Winston Scott | San Diego |
| All-League First Team Safety | Vinny Gulbrandsen | Philadelphia |
| All-League Second Team Quarterback | Orlando Kappe | Houston |
| All-League Second Team Running Back | Glenn Bailey | San Diego |
| All-League Second Team Fullback | Quinn Painter | Carolina |
| All-League Second Team Tight End | Eric Terrell | Cleveland |
| All-League Second Team Wide Receiver | Herman Nager | Cincinnati |
| All-League Second Team Wide Receiver | Rodney Williamson | Tampa Bay |
| All-League Second Team Center | Geoff Carlson | Dallas |
| All-League Second Team Offensive Guard | Gary Zimmerman | Cincinnati |
| All-League Second Team Offensive Guard | Curtis Sosa | Baltimore |
| All-League Second Team Offensive Tackle | Ed Murphy | Tennessee |
| All-League Second Team Offensive Tackle | Craig Clark | Atlanta |
| All-League Second Team Punter | David Schaplowsky | New Jersey |
| All-League Second Team Kicker | Sammie Nazareno | Kansas City |
| All-League Second Team Defensive End | Kurt Collier | Cincinnati |
| All-League Second Team Defensive End | Ricardo Dreyfuss | Washington |
| All-League Second Team Defensive Tackle | Edgar Herndon | Kansas City |
| All-League Second Team Defensive Tackle | Jim Murphy | Minnesota |
| All-League Second Team Inside Linebacker | Stan Spindler | Indianapolis |
| All-League Second Team Outside Linebacker | Leonard Rutter | Green Bay |
| All-League Second Team Outside Linebacker | Benjamin Berry | Buffalo |
| All-League Second Team Cornerback | Lorenzo Gordon | Buffalo |
| All-League Second Team Cornerback | Russell McGrew | Houston |
| All-League Second Team Safety | Kenny Torres | San Francisco |
| All-League Second Team Safety | Raymond Ragsdale | Indianapolis |
| League's Fastest Man | Rodney Williamson | Tampa Bay |
| League's Strongest Man | Ed Murphy | Tennessee |