| Award | Player | Team |
| Player of the Year | Fred Taylor | Minnesota |
| Front Office Bowl MVP | Drew Bledsoe | Miami |
| Coach of the Year | Joe Taylor | Minnesota |
| Legend of the Game | Jim Kelly | Los Angeles |
| Offensive Player of the Year | Fred Taylor | Minnesota |
| Defensive Player of the Year | Levi Couloumbe | Washington |
| Offensive Rookie of the Year | Jamal Lewis | Houston |
| Defensive Rookie of the Year | Brian Urlacher | Baltimore |
| All-League First Team Quarterback | Drew Bledsoe | Miami |
| All-League First Team Running Back | Fred Taylor | Minnesota |
| All-League First Team Fullback | Rob Konrad | Cleveland |
| All-League First Team Tight End | Stephen Alexander | Buffalo |
| All-League First Team Wide Receiver | Peerless Price | Denver |
| All-League First Team Wide Receiver | Marty Booker | San Diego |
| All-League First Team Center | Cory Raymer | Minnesota |
| All-League First Team Offensive Guard | Chris Dishman | Minnesota |
| All-League First Team Offensive Guard | Chris Naeole | Carolina |
| All-League First Team Offensive Tackle | John Tait | Chicago |
| All-League First Team Offensive Tackle | Tony Boselli | Minnesota |
| All-League First Team Punter | Joe Prokop | Chicago |
| All-League First Team Kicker | John Kasay | Carolina |
| All-League First Team Defensive End | Jason Taylor | Chicago |
| All-League First Team Defensive End | Robert Harris | New Orleans |
| All-League First Team Defensive Tackle | Luther Elliss | Jacksonville |
| All-League First Team Defensive Tackle | Jamal Williams | Cleveland |
| All-League First Team Inside Linebacker | Ray Lewis | San Francisco |
| All-League First Team Outside Linebacker | Levi Couloumbe | Washington |
| All-League First Team Outside Linebacker | Henri Crockett | Minnesota |
| All-League First Team Cornerback | Champ Bailey | Miami |
| All-League First Team Cornerback | Ronde Barber | Indianapolis |
| All-League First Team Safety | Antuan Edwards | Washington |
| All-League First Team Safety | Omar Stoutmire | Detroit |
| All-League Second Team Quarterback | Chris Chandler | Denver |
| All-League Second Team Running Back | Ahman Green | Tampa Bay |
| All-League Second Team Fullback | Cecil Martin | Cincinnati |
| All-League Second Team Tight End | Ken Dilger | Minnesota |
| All-League Second Team Wide Receiver | Eddie Kennison | Detroit |
| All-League Second Team Wide Receiver | Jimmy Smith | Washington |
| All-League Second Team Center | Jeff Mitchell | Cincinnati |
| All-League Second Team Offensive Guard | Brendan Stai | Houston |
| All-League Second Team Offensive Guard | Brian Waters | New York (A) |
| All-League Second Team Offensive Tackle | Willie Anderson | Jacksonville |
| All-League Second Team Offensive Tackle | Todd Steussie | Houston |
| All-League Second Team Punter | Al Oscarson | Seattle |
| All-League Second Team Kicker | Scott Norwood | Tampa Bay |
| All-League Second Team Defensive End | Greg Ellis | Green Bay |
| All-League Second Team Defensive End | Kabeer Gbaja-Biamila | Cleveland |
| All-League Second Team Defensive Tackle | Trevor Pryce | Cleveland |
| All-League Second Team Defensive Tackle | Andre Purvis | Baltimore |
| All-League Second Team Inside Linebacker | Brian Urlacher | Baltimore |
| All-League Second Team Outside Linebacker | Ryan Phillips | Denver |
| All-League Second Team Outside Linebacker | Chris Slade | Houston |
| All-League Second Team Cornerback | Walt Harris | Minnesota |
| All-League Second Team Cornerback | Phillippi Sparks | Buffalo |
| All-League Second Team Safety | Lawyer Milloy | Seattle |
| All-League Second Team Safety | Garth Algar | Tennessee |
| League's Fastest Man | Mike McKenzie | Green Bay |
| League's Strongest Man | Alan Faneca | Chicago |