| Award | Player | Team |
| Player of the Year | Emmitt Smith | San Francisco |
| Front Office Bowl MVP | Hugh Millen | Atlanta |
| Coach of the Year | Ernie Trevino | San Francisco |
| Legend of the Game | Kent Hull | Philadelphia |
| Offensive Player of the Year | Emmitt Smith | San Francisco |
| Defensive Player of the Year | Jason Gildon | Green Bay |
| Offensive Rookie of the Year | Tim Biakabutuka | Memphis |
| Defensive Rookie of the Year | Zach Thomas | Kansas City |
| All-League First Team Quarterback | Randall Cunningham | Houston |
| All-League First Team Running Back | Emmitt Smith | San Francisco |
| All-League First Team Fullback | Brad Muster | Birmingham |
| All-League First Team Tight End | Ken Dilger | Seattle |
| All-League First Team Wide Receiver | Eric Moulds | Baltimore |
| All-League First Team Wide Receiver | Jimmy Smith | Cleveland |
| All-League First Team Center | Jim Romano | San Diego |
| All-League First Team Offensive Guard | Will Shields | Pittsburgh |
| All-League First Team Offensive Guard | Kevin Gogan | New York |
| All-League First Team Offensive Tackle | Joe Sims | Buffalo |
| All-League First Team Offensive Tackle | Tony Boselli | Memphis |
| All-League First Team Punter | Lee Johnson | Arizona |
| All-League First Team Kicker | Pete Stoyanovich | Memphis |
| All-League First Team Defensive End | Willie McGinest | Birmingham |
| All-League First Team Defensive End | Phil Hansen | Kansas City |
| All-League First Team Defensive Tackle | Sean Gilbert | Minnesota |
| All-League First Team Defensive Tackle | Mike Wells | Denver |
| All-League First Team Inside Linebacker | Greg Biekert | Atlanta |
| All-League First Team Outside Linebacker | Jason Gildon | Green Bay |
| All-League First Team Outside Linebacker | Jamir Miller | Atlanta |
| All-League First Team Cornerback | Ray Buchanan | Green Bay |
| All-League First Team Cornerback | Nate Odomes | Houston |
| All-League First Team Safety | Erik McMillan | Philadelphia |
| All-League First Team Safety | Rodney Harrison | Miami |
| All-League Second Team Quarterback | Brett Favre | San Francisco |
| All-League Second Team Running Back | Jerome Bettis | New York |
| All-League Second Team Fullback | Derrick Fenner | Chicago |
| All-League Second Team Tight End | Ben Coates | Miami |
| All-League Second Team Wide Receiver | Michael Irvin | Atlanta |
| All-League Second Team Wide Receiver | Cris Carter | Miami |
| All-League Second Team Center | Tim Grunhard | San Francisco |
| All-League Second Team Offensive Guard | Thomas Rayam | Cincinnati |
| All-League Second Team Offensive Guard | David Dixon | Kansas City |
| All-League Second Team Offensive Tackle | Scott Gragg | Philadelphia |
| All-League Second Team Offensive Tackle | Erik Williams | Cincinnati |
| All-League Second Team Punter | Ruben Rodriguez | Tampa Bay |
| All-League Second Team Kicker | Rick Donnelly | Birmingham |
| All-League Second Team Defensive End | Alonzo Spellman | Seattle |
| All-League Second Team Defensive End | John Copeland | Pittsburgh |
| All-League Second Team Defensive Tackle | Dan Wilkinson | Philadelphia |
| All-League Second Team Defensive Tackle | Stacey Dillard | New England |
| All-League Second Team Inside Linebacker | Jessie Armstead | Arizona |
| All-League Second Team Outside Linebacker | Bill Romanowski | Miami |
| All-League Second Team Outside Linebacker | Jeff Herrod | San Francisco |
| All-League Second Team Cornerback | Aeneas Williams | New York |
| All-League Second Team Cornerback | Troy Vincent | Birmingham |
| All-League Second Team Safety | Darryl Williams | Dallas |
| All-League Second Team Safety | Shawn Wooden | Portland (OR) |
| League's Fastest Man | Shawn Jefferson | Houston |
| League's Strongest Man | Tre Johnson | Pittsburgh |