| Award | Player | Team |
| Player of the Year | Neil Lomax | St. Louis |
| Front Office Bowl MVP | Brett Favre | San Francisco |
| Coach of the Year | Cedric DeRoy | Green Bay |
| Legend of the Game | Fred Quillan | San Francisco |
| Offensive Player of the Year | Emmitt Smith | San Francisco |
| Defensive Player of the Year | Johnny Rembert | New England |
| Offensive Rookie of the Year | Ricky Watters | Houston |
| Defensive Rookie of the Year | Eric Turner | New York |
| All-League First Team Quarterback | Neil Lomax | St. Louis |
| All-League First Team Running Back | Emmitt Smith | San Francisco |
| All-League First Team Fullback | Brad Baxter | San Francisco |
| All-League First Team Tight End | Ben Coates | Miami |
| All-League First Team Wide Receiver | Sterling Sharpe | Detroit |
| All-League First Team Wide Receiver | Michael Irvin | Atlanta |
| All-League First Team Center | Fred Quillan | San Francisco |
| All-League First Team Offensive Guard | Bruce Matthews | Houston |
| All-League First Team Offensive Guard | Jesse Sapolu | San Francisco |
| All-League First Team Offensive Tackle | Deron Clinton | San Francisco |
| All-League First Team Offensive Tackle | Robbie Short | Denver |
| All-League First Team Punter | Kent Sullivan | Los Angeles |
| All-League First Team Kicker | Pete Stoyanovich | Memphis |
| All-League First Team Defensive End | Jon Hand | Jacksonville |
| All-League First Team Defensive End | Charles Haley | New England |
| All-League First Team Defensive Tackle | Ray Childress | New Orleans |
| All-League First Team Defensive Tackle | Greg Kragen | St. Louis |
| All-League First Team Inside Linebacker | Vaughan Johnson | Miami |
| All-League First Team Outside Linebacker | Johnny Rembert | New England |
| All-League First Team Outside Linebacker | Greg Lloyd | Pittsburgh |
| All-League First Team Cornerback | Darrell Green | Washington |
| All-League First Team Cornerback | Nate Odomes | Houston |
| All-League First Team Safety | Dennis Smith | Denver |
| All-League First Team Safety | Joey Browner | Minnesota |
| All-League Second Team Quarterback | Bernie Kosar | Seattle |
| All-League Second Team Running Back | Neal Anderson | Memphis |
| All-League Second Team Fullback | Buford McGee | Memphis |
| All-League Second Team Tight End | Tony Hunter | New York |
| All-League Second Team Wide Receiver | Jerry Rice | Tampa Bay |
| All-League Second Team Wide Receiver | Mervyn Fernandez | San Diego |
| All-League Second Team Center | Jeff Dellenbach | Washington |
| All-League Second Team Offensive Guard | Mike Simmonds | Washington |
| All-League Second Team Offensive Guard | Randall McDaniel | Seattle |
| All-League Second Team Offensive Tackle | Keith Van Horne | Houston |
| All-League Second Team Offensive Tackle | Jim Lachey | Cleveland |
| All-League Second Team Punter | Dave Finzer | Detroit |
| All-League Second Team Kicker | Al Del Greco | Atlanta |
| All-League Second Team Defensive End | Leslie O'Neal | New York |
| All-League Second Team Defensive End | Jim Jeffcoat | Memphis |
| All-League Second Team Defensive Tackle | Tony Siragusa | St. Louis |
| All-League Second Team Defensive Tackle | Tim Krumrie | Miami |
| All-League Second Team Inside Linebacker | Jesse Solomon | Detroit |
| All-League Second Team Outside Linebacker | Mike Wilcher | Houston |
| All-League Second Team Outside Linebacker | Lawrence Taylor | New York |
| All-League Second Team Cornerback | Todd Lyght | Arizona |
| All-League Second Team Cornerback | Jarvis Williams | Birmingham |
| All-League Second Team Safety | Devon Mitchell | Arizona |
| All-League Second Team Safety | Kenny Easley | Seattle |
| League's Fastest Man | Cris Carter | Birmingham |
| League's Strongest Man | Anthony Munoz | New York |