| Award | Player | Team |
| Player of the Year | Deuce McAllister | Atlanta |
| Front Office Bowl MVP | Kurt McKnight | Tennessee |
| Coach of the Year | Nathan Pupunu | Carolina |
| Legend of the Game | Kimo Von Oelhoffen | Jacksonville |
| Offensive Player of the Year | Deuce McAllister | Atlanta |
| Defensive Player of the Year | Antonio Pierce | Green Bay |
| Offensive Rookie of the Year | Harry Lindsay | New England |
| Defensive Rookie of the Year | Gino Coleman | Dallas |
| All-League First Team Quarterback | Peyton Manning | Miami |
| All-League First Team Running Back | Deuce McAllister | Atlanta |
| All-League First Team Fullback | Fred Beasley | St. Louis |
| All-League First Team Tight End | Todd Heap | Miami |
| All-League First Team Wide Receiver | Roy Williams | New York |
| All-League First Team Wide Receiver | David Givens | Philadelphia |
| All-League First Team Center | Kevin Mawae | Minnesota |
| All-League First Team Offensive Guard | Chester Pitts | Jacksonville |
| All-League First Team Offensive Guard | Levon Leckey | Kansas City |
| All-League First Team Offensive Tackle | Damion McIntosh | Denver |
| All-League First Team Offensive Tackle | Matt Light | Kansas City |
| All-League First Team Punter | Andy Lee | San Diego |
| All-League First Team Kicker | Kris Brown | Washington |
| All-League First Team Defensive End | Bryan Thomas | San Diego |
| All-League First Team Defensive End | Julius Peppers | Jacksonville |
| All-League First Team Defensive Tackle | Cornelius Griffin | Philadelphia |
| All-League First Team Defensive Tackle | Drew Lee | St. Louis |
| All-League First Team Inside Linebacker | Antonio Pierce | Green Bay |
| All-League First Team Outside Linebacker | Joey Porter | Miami |
| All-League First Team Outside Linebacker | Julian Peterson | Green Bay |
| All-League First Team Cornerback | Patrick Surtain | Cincinnati |
| All-League First Team Cornerback | Terence Newman | Miami |
| All-League First Team Safety | Troy Polamalu | Detroit |
| All-League First Team Safety | Sean Taylor | Pittsburgh |
| All-League Second Team Quarterback | Billy Volek | Kansas City |
| All-League Second Team Running Back | Steven Jackson | Carolina |
| All-League Second Team Fullback | Tony Richardson | Atlanta |
| All-League Second Team Tight End | Alge Crumpler | St. Louis |
| All-League Second Team Wide Receiver | Chris Chambers | Miami |
| All-League Second Team Wide Receiver | Eric Moulds | Miami |
| All-League Second Team Center | Dominic Raiola | Houston |
| All-League Second Team Offensive Guard | Ryan Lilja | Atlanta |
| All-League Second Team Offensive Guard | Lennie Friedman | Seattle |
| All-League Second Team Offensive Tackle | Orlando Pace | Baltimore |
| All-League Second Team Offensive Tackle | Adrian Jones | Cincinnati |
| All-League Second Team Punter | Brian Moorman | Buffalo |
| All-League Second Team Kicker | Bill Gramatica | Kansas City |
| All-League Second Team Defensive End | James Hall | Arizona |
| All-League Second Team Defensive End | Greg Ellis | New England |
| All-League Second Team Defensive Tackle | Gerard Warren | Baltimore |
| All-League Second Team Defensive Tackle | Kevin Williams | San Diego |
| All-League Second Team Inside Linebacker | Percy Gray | Philadelphia |
| All-League Second Team Outside Linebacker | Boss Bailey | New York |
| All-League Second Team Outside Linebacker | D.J. Williams | Cleveland |
| All-League Second Team Cornerback | Nate Clements | Tennessee |
| All-League Second Team Cornerback | Samari Rolle | Oakland |
| All-League Second Team Safety | Roy Williams | Washington |
| All-League Second Team Safety | Brian Dawkins | Oakland |
| League's Fastest Man | Brock Wagner | New York |
| League's Strongest Man | L.J. Shelton | Buffalo |