| Award | Player | Team |
| Player of the Year | Ken Hoover | New England |
| Front Office Bowl MVP | Ken Hoover | New England |
| Coach of the Year | Luke Godzik | Seattle |
| Legend of the Game | Gregory Eppright | Kansas City |
| Offensive Player of the Year | Ken Hoover | New England |
| Defensive Player of the Year | Morris McWilliams | Tennessee |
| Offensive Rookie of the Year | Wayne Sampson | Washington |
| Defensive Rookie of the Year | Austin Angel | Los Angeles |
| All-League First Team Quarterback | Ken Hoover | New England |
| All-League First Team Running Back | Big Doug Sugarman | San Francisco |
| All-League First Team Fullback | Sammie Trent | Detroit |
| All-League First Team Tight End | Blaine Simmons | Arizona |
| All-League First Team Wide Receiver | Trent Coles | Carolina |
| All-League First Team Wide Receiver | Tyrell Middleton | Washington |
| All-League First Team Center | Arnold Lunn | Miami |
| All-League First Team Offensive Guard | Wade Mathews | Seattle |
| All-League First Team Offensive Guard | Leon Howard | San Francisco |
| All-League First Team Offensive Tackle | Richard Sanchez | Miami |
| All-League First Team Offensive Tackle | J.J. Mathai | New Orleans |
| All-League First Team Punter | Marcus Crawford | Green Bay |
| All-League First Team Kicker | Calvin Edwards | Washington |
| All-League First Team Defensive End | Ronald Alston | Indianapolis |
| All-League First Team Defensive End | Irv King | Detroit |
| All-League First Team Defensive Tackle | Colby McCollom | Cincinnati |
| All-League First Team Defensive Tackle | Spencer Brentlinger | Tampa Bay |
| All-League First Team Inside Linebacker | Morris McWilliams | Tennessee |
| All-League First Team Outside Linebacker | Jacob Pfaff | Houston |
| All-League First Team Outside Linebacker | Clayton Sweeney | Dallas |
| All-League First Team Cornerback | Dennis Hickey | Denver |
| All-League First Team Cornerback | Henry Zellner | Denver |
| All-League First Team Safety | Dave Holliday | Denver |
| All-League First Team Safety | Daniel Weber | Tampa Bay |
| All-League Second Team Quarterback | Juan Curtis | Dallas |
| All-League Second Team Running Back | Gino Bradley | Houston |
| All-League Second Team Fullback | Sammy Pitre | Carolina |
| All-League Second Team Tight End | Lenny Freysinger | Philadelphia |
| All-League Second Team Wide Receiver | Frank Malone | San Francisco |
| All-League Second Team Wide Receiver | Alexander Linquist | Pittsburgh |
| All-League Second Team Center | Freddie Berger | Minnesota |
| All-League Second Team Offensive Guard | Jared Delgado | Seattle |
| All-League Second Team Offensive Guard | Joseph Lyon | Minnesota |
| All-League Second Team Offensive Tackle | Kendall White | Seattle |
| All-League Second Team Offensive Tackle | Terrell Winslett | Dallas |
| All-League Second Team Punter | Nick Levine | Pittsburgh |
| All-League Second Team Kicker | Corey Shantz | Houston |
| All-League Second Team Defensive End | Raymond Houston | Jacksonville |
| All-League Second Team Defensive End | Corbin Palmer | San Diego |
| All-League Second Team Defensive Tackle | Leonard Vajda | Carolina |
| All-League Second Team Defensive Tackle | Gene Wagoner | New Orleans |
| All-League Second Team Inside Linebacker | Roberto Mitchell | Cleveland |
| All-League Second Team Outside Linebacker | Brian Sutter | Indianapolis |
| All-League Second Team Outside Linebacker | Miles Lynn | Jacksonville |
| All-League Second Team Cornerback | Tevin Sampson | New England |
| All-League Second Team Cornerback | Lewis Grier | Tennessee |
| All-League Second Team Safety | Darrell Whitehurst | Houston |
| All-League Second Team Safety | Josh Hodges | New Orleans |
| League's Fastest Man | Alexander Linquist | Pittsburgh |
| League's Strongest Man | Fernando Mitchell | New England |