| Award | Player | Team |
| Player of the Year | Bernie Kosar | Seattle |
| Front Office Bowl MVP | Trumaine Johnson | Jacksonville |
| Coach of the Year | Timothy Skrepenak | Seattle |
| Legend of the Game | Rulon Jones | Denver |
| Offensive Player of the Year | Bernie Kosar | Seattle |
| Defensive Player of the Year | Richard Dent | San Diego |
| Offensive Rookie of the Year | Emmitt Smith | San Francisco |
| Defensive Rookie of the Year | Lamar Lathon | Memphis |
| All-League First Team Quarterback | Bernie Kosar | Seattle |
| All-League First Team Running Back | Jeff Smith | Seattle |
| All-League First Team Fullback | Maurice Carthon | Cincinnati |
| All-League First Team Tight End | Hoby Brenner | San Diego |
| All-League First Team Wide Receiver | Ronnie Harmon | Miami |
| All-League First Team Wide Receiver | Herman Fontenot | San Diego |
| All-League First Team Center | Kent Hull | Philadelphia |
| All-League First Team Offensive Guard | William Roberts | Seattle |
| All-League First Team Offensive Guard | Jesse Sapolu | San Francisco |
| All-League First Team Offensive Tackle | Joe Jacoby | Washington |
| All-League First Team Offensive Tackle | John Alt | Jacksonville |
| All-League First Team Punter | Brian Hansen | Portland (OR) |
| All-League First Team Kicker | Dean Biasucci | Miami |
| All-League First Team Defensive End | Richard Dent | San Diego |
| All-League First Team Defensive End | Lee Williams | Miami |
| All-League First Team Defensive Tackle | David Galloway | Kansas City |
| All-League First Team Defensive Tackle | Tim Goad | Chicago |
| All-League First Team Inside Linebacker | Johnny Rembert | New England |
| All-League First Team Outside Linebacker | Karl Mecklenburg | Denver |
| All-League First Team Outside Linebacker | Billy Ray Smith | Memphis |
| All-League First Team Cornerback | Nate Odomes | Houston |
| All-League First Team Cornerback | James Hasty | Cleveland |
| All-League First Team Safety | Deron Cherry | Kansas City |
| All-League First Team Safety | Joey Browner | Minnesota |
| All-League Second Team Quarterback | Jim Kelly | Jacksonville |
| All-League Second Team Running Back | Neal Anderson | Memphis |
| All-League Second Team Fullback | Brad Baxter | San Francisco |
| All-League Second Team Tight End | Keith Jackson | Memphis |
| All-League Second Team Wide Receiver | Michael Irvin | Atlanta |
| All-League Second Team Wide Receiver | Mark Clayton | Denver |
| All-League Second Team Center | Fred Quillan | San Francisco |
| All-League Second Team Offensive Guard | Randall McDaniel | Seattle |
| All-League Second Team Offensive Guard | Mike Knight | Los Angeles |
| All-League Second Team Offensive Tackle | Broderick Thompson | Seattle |
| All-League Second Team Offensive Tackle | Jim Lachey | Cleveland |
| All-League Second Team Punter | Tom Tupa | New England |
| All-League Second Team Kicker | Scott Norwood | New York |
| All-League Second Team Defensive End | Bruce Smith | Birmingham |
| All-League Second Team Defensive End | Mark Gastineau | Minnesota |
| All-League Second Team Defensive Tackle | Tim Krumrie | Cincinnati |
| All-League Second Team Defensive Tackle | Bill Pickel | New York |
| All-League Second Team Inside Linebacker | E.J. Junior | Philadelphia |
| All-League Second Team Outside Linebacker | Kevin Greene | Atlanta |
| All-League Second Team Outside Linebacker | Andre Tippett | New England |
| All-League Second Team Cornerback | Albert Lewis | Kansas City |
| All-League Second Team Cornerback | Mike Richardson | Minnesota |
| All-League Second Team Safety | Dennis Smith | Denver |
| All-League Second Team Safety | Carnell Lake | Tampa Bay |
| League's Fastest Man | Dokie Williams | Green Bay |
| League's Strongest Man | Anthony Munoz | Cincinnati |