| Award | Player | Team |
| Player of the Year | Steve Young | Baltimore |
| Front Office Bowl MVP | Bernie Kosar | Seattle |
| Coach of the Year | Reggie Bradford | Washington |
| Legend of the Game | Ray Donaldson | Baltimore |
| Offensive Player of the Year | Steve Young | Baltimore |
| Defensive Player of the Year | Tim McDonald | New Orleans |
| Offensive Rookie of the Year | Robert Smith | Atlanta |
| Defensive Rookie of the Year | Victor Green | Denver |
| All-League First Team Quarterback | Steve Young | Baltimore |
| All-League First Team Running Back | Emmitt Smith | San Francisco |
| All-League First Team Fullback | Buford McGee | Memphis |
| All-League First Team Tight End | Ben Coates | Miami |
| All-League First Team Wide Receiver | Sterling Sharpe | Detroit |
| All-League First Team Wide Receiver | Haywood Jeffires | Seattle |
| All-League First Team Center | Ray Donaldson | Baltimore |
| All-League First Team Offensive Guard | Randall McDaniel | Seattle |
| 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 | Doug Riesenberg | Cincinnati |
| All-League First Team Punter | Lee Johnson | Arizona |
| All-League First Team Kicker | Pete Stoyanovich | Memphis |
| All-League First Team Defensive End | Richard Dent | San Diego |
| All-League First Team Defensive End | Clyde Simmons | New Orleans |
| All-League First Team Defensive Tackle | James Jones | Tampa Bay |
| All-League First Team Defensive Tackle | Gilbert Brown | Jacksonville |
| All-League First Team Inside Linebacker | Al Smith | Atlanta |
| All-League First Team Outside Linebacker | Ken Harvey | Green Bay |
| All-League First Team Outside Linebacker | Johnny Rembert | New England |
| All-League First Team Cornerback | Ricky Reynolds | Atlanta |
| All-League First Team Cornerback | Maurice Hurst | New England |
| All-League First Team Safety | Tim McDonald | New Orleans |
| All-League First Team Safety | Deron Cherry | Kansas City |
| All-League Second Team Quarterback | Bernie Kosar | Seattle |
| All-League Second Team Running Back | Ricky Watters | Houston |
| All-League Second Team Fullback | Ickey Woods | Arizona |
| All-League Second Team Tight End | Brent Jones | New England |
| All-League Second Team Wide Receiver | Cris Carter | Birmingham |
| All-League Second Team Wide Receiver | Ronnie Harmon | Baltimore |
| All-League Second Team Center | Jeff Dellenbach | Washington |
| All-League Second Team Offensive Guard | Mike Zandofsky | Baltimore |
| All-League Second Team Offensive Guard | Harry Gailbreath | Tampa Bay |
| All-League Second Team Offensive Tackle | Broderick Thompson | Seattle |
| All-League Second Team Offensive Tackle | Doug Williams | Baltimore |
| All-League Second Team Punter | Ruben Rodriguez | Tampa Bay |
| All-League Second Team Kicker | Gary Anderson | Dallas |
| All-League Second Team Defensive End | Alonzo Spellman | Seattle |
| All-League Second Team Defensive End | Bruce Smith | Birmingham |
| All-League Second Team Defensive Tackle | Tim Krumrie | Minnesota |
| All-League Second Team Defensive Tackle | Jumpy Geathers | Memphis |
| All-League Second Team Inside Linebacker | Godfrey Miles | Washington |
| All-League Second Team Outside Linebacker | Derrick Thomas | Chicago |
| All-League Second Team Outside Linebacker | Lamar Lathon | Houston |
| All-League Second Team Cornerback | Dale Carter | Cincinnati |
| All-League Second Team Cornerback | Deion Sanders | New Orleans |
| All-League Second Team Safety | Eugene Robinson | Chicago |
| All-League Second Team Safety | Erik McMillan | Philadelphia |
| League's Fastest Man | Cris Carter | Birmingham |
| League's Strongest Man | Bruce Armstrong | New Orleans |