| Award | Player | Team |
| Player of the Year | Dwayne Bridges | Boston |
| Front Office Bowl MVP | James Oberg | Hartford |
| Coach of the Year | Dwayne Crowley | Hartford |
| Legend of the Game | Charles Bergmann | Boise City |
| Offensive Player of the Year | Jeff Reid | Philadelphia |
| Defensive Player of the Year | Kris Ober | Brooklyn |
| Offensive Rookie of the Year | Mario Atkins | Kansas City |
| Defensive Rookie of the Year | Martin Agree | Boise City |
| All-League First Team Quarterback | Dwayne Bridges | Boston |
| All-League First Team Running Back | Jeff Reid | Philadelphia |
| All-League First Team Fullback | George Welton | Miami |
| All-League First Team Tight End | Kyle Laxton | Kansas City |
| All-League First Team Wide Receiver | Leroy O'Neal | Honolulu |
| All-League First Team Wide Receiver | Trent Muir | St. Louis |
| All-League First Team Center | Earnest Fant | Alaska |
| All-League First Team Offensive Guard | Kevin Levine | Baltimore |
| All-League First Team Offensive Guard | Daniel Burress | Death Valley |
| All-League First Team Offensive Tackle | Marty Covington | Philadelphia |
| All-League First Team Offensive Tackle | Casey Reinhold | Brooklyn |
| All-League First Team Punter | Derek Shields | Las Vegas |
| All-League First Team Kicker | Carson Blume | Death Valley |
| All-League First Team Defensive End | Scott Flowers | Detroit |
| All-League First Team Defensive End | J.J. Houston | San Antonio |
| All-League First Team Defensive Tackle | Mario Ah Yat | Las Vegas |
| All-League First Team Defensive Tackle | Dominic Shumpert | Seattle |
| All-League First Team Inside Linebacker | Kris Ober | Brooklyn |
| All-League First Team Outside Linebacker | Mario McLain | Oregon |
| All-League First Team Outside Linebacker | Deon Flynn | Denver |
| All-League First Team Cornerback | Genaro Burke | Honolulu |
| All-League First Team Cornerback | Damon Jankowski | Miami |
| All-League First Team Safety | Oliver Fish | New Orleans |
| All-League First Team Safety | David Pitman | Santa Cruz |
| All-League Second Team Quarterback | Al DeNeff | Detroit |
| All-League Second Team Running Back | Alan Spearman | Hartford |
| All-League Second Team Fullback | Bubba Sweeney | Oregon |
| All-League Second Team Tight End | T.J. Green | Tennessee |
| All-League Second Team Wide Receiver | Michael Browning | Durham |
| All-League Second Team Wide Receiver | Zachary Spates | Boston |
| All-League Second Team Center | Leonel Lewis | Hartford |
| All-League Second Team Offensive Guard | Cristobal Farias | New Orleans |
| All-League Second Team Offensive Guard | Kenneth Claypoole | Kansas City |
| All-League Second Team Offensive Tackle | Harold Schmidt | Denver |
| All-League Second Team Offensive Tackle | Lance Lukas | Fargo |
| All-League Second Team Punter | Nolan Grooms | Iowa City |
| All-League Second Team Kicker | Everett Norton | Kansas City |
| All-League Second Team Defensive End | Ronnie Huey | Dallas |
| All-League Second Team Defensive End | Andrew Russel | Hartford |
| All-League Second Team Defensive Tackle | Matthew D'Ottavio | Iowa City |
| All-League Second Team Defensive Tackle | Andre Baker | Fargo |
| All-League Second Team Inside Linebacker | Tim Atkins | Santa Cruz |
| All-League Second Team Outside Linebacker | Jamaal Manning | Hartford |
| All-League Second Team Outside Linebacker | Mikel Bussard | Fargo |
| All-League Second Team Cornerback | Peter Timlin | New Orleans |
| All-League Second Team Cornerback | Leo Parks | Alaska |
| All-League Second Team Safety | Kirk Hardy | St. Louis |
| All-League Second Team Safety | Horace Shuck | Shreveport |
| League's Fastest Man | Leo Parks | Alaska |
| League's Strongest Man | Daryl Wilk | Miami |