| Award | Player | Team |
| Player of the Year | Bo Jackson | Oakland |
| Front Office Bowl MVP | Warren Moon | Buffalo |
| Coach of the Year | Josh Summers | Buffalo |
| Legend of the Game | Art Monk | Philadelphia |
| Offensive Player of the Year | Rich Gannon | Chicago |
| Defensive Player of the Year | Kevin Greene | Pittsburgh |
| Offensive Rookie of the Year | Maury Toy | Carolina |
| Defensive Rookie of the Year | Tracy Scroggins | Jacksonville |
| All-League First Team Quarterback | Rich Gannon | Chicago |
| All-League First Team Running Back | Bo Jackson | Oakland |
| All-League First Team Fullback | Bob Christian | Minnesota |
| All-League First Team Tight End | Howard Cross | Atlanta |
| All-League First Team Wide Receiver | Jerry Rice | Chicago |
| All-League First Team Wide Receiver | Sterling Sharpe | Cincinnati |
| All-League First Team Center | Kirk Harts | Los Angeles |
| All-League First Team Offensive Guard | Guy McIntyre | San Francisco |
| All-League First Team Offensive Guard | Randall McDaniel | New York |
| All-League First Team Offensive Tackle | Jumbo Elliot | New York |
| All-League First Team Offensive Tackle | John Alt | Tampa Bay |
| All-League First Team Punter | Ralf Mojsiejenko | San Diego |
| All-League First Team Kicker | Gary Anderson | Denver |
| All-League First Team Defensive End | Leslie O'Neal | San Francisco |
| All-League First Team Defensive End | Richard Dent | Houston |
| All-League First Team Defensive Tackle | Ted Gregory | Carolina |
| All-League First Team Defensive Tackle | Jimmie Jones | Cleveland |
| All-League First Team Inside Linebacker | Pepper Johnson | Philadelphia |
| All-League First Team Outside Linebacker | Kevin Greene | Pittsburgh |
| All-League First Team Outside Linebacker | Ken Harvey | Oakland |
| All-League First Team Cornerback | Cris Dishman | Washington |
| All-League First Team Cornerback | Carl Carter | New York |
| All-League First Team Safety | Rod Woodson | New England |
| All-League First Team Safety | Mark Kelso | Cincinnati |
| All-League Second Team Quarterback | Danny McManus | San Francisco |
| All-League Second Team Running Back | Emmitt Smith | Minnesota |
| All-League Second Team Fullback | Derrick Fenner | New York |
| All-League Second Team Tight End | Shannon Sharpe | New England |
| All-League Second Team Wide Receiver | Ricky Proehl | New Orleans |
| All-League Second Team Wide Receiver | Tim McGee | Tampa Bay |
| All-League Second Team Center | Kennedy Fariman | Kansas City |
| All-League Second Team Offensive Guard | Andy Heck | San Francisco |
| All-League Second Team Offensive Guard | Harvey Salem | Pittsburgh |
| All-League Second Team Offensive Tackle | Mark Schlereth | Green Bay |
| All-League Second Team Offensive Tackle | Irv Eatman | Los Angeles |
| All-League Second Team Punter | Greg Montgomery | Carolina |
| All-League Second Team Kicker | Tony Zendejas | Jacksonville |
| All-League Second Team Defensive End | Phil Hansen | Buffalo |
| All-League Second Team Defensive End | Charles Haley | New England |
| All-League Second Team Defensive Tackle | Jerome Brown | New York |
| All-League Second Team Defensive Tackle | Bo Reedy | San Diego |
| All-League Second Team Inside Linebacker | Roman Phifer | New York |
| All-League Second Team Outside Linebacker | Tim Green | Seattle |
| All-League Second Team Outside Linebacker | Pat Swilling | Chicago |
| All-League Second Team Cornerback | Kevin Smith | Denver |
| All-League Second Team Cornerback | Matt Vandenboom | Pittsburgh |
| All-League Second Team Safety | David Fulcher | Green Bay |
| All-League Second Team Safety | Shaun Gayle | Tampa Bay |
| League's Fastest Man | Flipper Anderson | Baltimore |
| League's Strongest Man | Jumbo Elliot | New York |