| Award | Player | Team |
| Player of the Year | Kenyon Wooden | Seattle |
| Front Office Bowl MVP | Norman Gaylor | Oakland |
| Coach of the Year | Gino Ballard | Seattle |
| Legend of the Game | Alfred Holcomb | San Francisco |
| Offensive Player of the Year | Kenyon Wooden | Seattle |
| Defensive Player of the Year | James Franklin | Indianapolis |
| Offensive Rookie of the Year | Derek Nagel | Tampa Bay |
| Defensive Rookie of the Year | Mitch Hampton | Dallas |
| All-League First Team Quarterback | Barry Houston | Cleveland |
| All-League First Team Running Back | Kenyon Wooden | Seattle |
| All-League First Team Fullback | Lewis Charter | Detroit |
| All-League First Team Tight End | Ricardo Sweeney | Chicago |
| All-League First Team Wide Receiver | Karl Shannon | Washington |
| All-League First Team Wide Receiver | Richie Marian | Tennessee |
| All-League First Team Center | Omar Kearney | New York |
| All-League First Team Offensive Guard | Kareem Axon | Green Bay |
| All-League First Team Offensive Guard | Ellis Browning | Seattle |
| All-League First Team Offensive Tackle | Rob Brown | New England |
| All-League First Team Offensive Tackle | Nolan Davis | Buffalo |
| All-League First Team Punter | O.J. Mattingly | Carolina |
| All-League First Team Kicker | Bart Reese | Minnesota |
| All-League First Team Defensive End | James Franklin | Indianapolis |
| All-League First Team Defensive End | Tim Smith | Detroit |
| All-League First Team Defensive Tackle | Dwight Colville | Buffalo |
| All-League First Team Defensive Tackle | Andrew Wheeler | Tampa Bay |
| All-League First Team Inside Linebacker | Jerome Nattiel | Detroit |
| All-League First Team Outside Linebacker | Julius Evison | Denver |
| All-League First Team Outside Linebacker | Jerrell Gibbs | New England |
| All-League First Team Cornerback | Rondell Ferguson | New Jersey |
| All-League First Team Cornerback | Dexter Stanton | Indianapolis |
| All-League First Team Safety | Leroy Reed | Miami |
| All-League First Team Safety | Zack Rood | Green Bay |
| All-League Second Team Quarterback | Benton Weaver | San Diego |
| All-League Second Team Running Back | Austin Selmon | Atlanta |
| All-League Second Team Fullback | Fred Wolfe | Indianapolis |
| All-League Second Team Tight End | Marty Sullivan | Green Bay |
| All-League Second Team Wide Receiver | Devon Howard | San Diego |
| All-League Second Team Wide Receiver | Bryson Conner | Cleveland |
| All-League Second Team Center | Will Johnson | Seattle |
| All-League Second Team Offensive Guard | Lincoln Rhyne | Pittsburgh |
| All-League Second Team Offensive Guard | Emmitt Banks | Arizona |
| All-League Second Team Offensive Tackle | Amos Marion | Indianapolis |
| All-League Second Team Offensive Tackle | Clyde Fox | Seattle |
| All-League Second Team Punter | Kenny Anthony | Tennessee |
| All-League Second Team Kicker | Shawn Makredkakis | Houston |
| All-League Second Team Defensive End | Thurman Lee | Tennessee |
| All-League Second Team Defensive End | Teddy McCardell | Indianapolis |
| All-League Second Team Defensive Tackle | Grady Rayburn | Cleveland |
| All-League Second Team Defensive Tackle | Brock Peete | Atlanta |
| All-League Second Team Inside Linebacker | Richie Caswell | Washington |
| All-League Second Team Outside Linebacker | Britt Murray | Green Bay |
| All-League Second Team Outside Linebacker | Sam Wilkerson | Kansas City |
| All-League Second Team Cornerback | Winston White | Dallas |
| All-League Second Team Cornerback | Ernest Raines | Cincinnati |
| All-League Second Team Safety | Gavin Hay | Tampa Bay |
| All-League Second Team Safety | Maurice Clifton | Dallas |
| League's Fastest Man | Mario Tripoli | Seattle |
| League's Strongest Man | Joey Harvey | St. Louis |