Regular Season Awards
- Hart Trophy (Most Outstanding Player) 
 
BOBBY CLARKE, WINNIPEG 14

- Lester Pearson Trophy (Most Valuable Player to a Team) 
 
BOBBY CLARKE, WINNIPEG  6
STU BARNES, MICHIGAN    3
SCOTT GOMEZ, MIAMI      3
ADRIAN AUCOIN, BANCROFT 2

- Lady Byng Trophy (Sportsmanship) 

ERIC WEINRICH, DENVER         10
SERGEI FEDOROV, MONCTON        1
NICKLAS LIDSTROM, PETERBOROUGH 1
BRENDAN MORRISON, MIAMI        1
  
- Norris Trophy (Top Defenseman) 

ADRIAN AUCOIN, BANCROFT       13
NICKLAS LIDSTROM, PETERBOROUGH 1

- Vezina Trophy (Top Goaltender) 

BYRON DAFOE, PORTLAND         11
BRIAN BOUCHER, MIAMI           2
DWAYNE ROLOSON,ATLANTIC CANADA 1
 
- Calder Trophy (Best Rookie)  
 
JONATHAN CHEECHOO, HEARST   9
KURT SAUER, DENVER          3
STANISLAV CHISTOV, HARTFORD 2

- Selke Trophy (Best Defensive Forward) 

PATRICK MARLEAU, BANCROFT      11
DAN CAVANAUGH, WINNIPEG         1
ROB NIERDERMAYER, NIAGARA FALLS 1
MICHAEL PECA, PORTLAND          1
 
- Commissioner's Trophy (Top GM) 
 
PETER NILSSON, PORTLAND     6
PAT HERRINGTON, HARTFORD    4
GLEN TRAINOR, MIAMI         2
SEDSEY CHASE, WINNIPEG      1
STEPHEN WHALEN, HEARST      1 
 
- Jack Adams Award (Top Coach)
 
DENIS SAVARD, PORTLAND   7
KEN HITCHCOCK, WINNIPEG  3
TED NOLAN, HEARST        3
PUNCH IMLACH, ???????    1(He has no coaching job in the DHHL, but someone wanted to vote for him)
                                                   
- The President's Trophy (1st Place Team)   
 
 Winner    Portland, 111 POINTS   
 
- Art Ross Trophy (Player With Most Points) 
 
 Winner    Bobby Clarke, Winniepeg  
  

- William Jennings Trophy (Lowest Goal Against Average – Min.25 games) 

Winner    Byron Dafoe, PORTLAND

 
- Terry Sawchuk Award (Most Shut-outs)

Winner    Dwayne Roloson        ATLANTIC

  
- Rocket Richard Award (Most Goals)

Winner    Bobby Clarke         WINNIPEG

 
- Paul Coffey Cup (Most Goals By A Defenseman)

Winner    Adrian Aucoin, BANCROFT and Brad Lukowich, ATLANTIC              
 
- Bobby Orr Award (Most Points By A Defenseman)

Winner    Adrian Aucoin BANCROFT, Boris Mironov PORTLAND Adam Foote PORTLAND
 
- Wayne Gretzky Award (Most Assists)

Winner    Adam Foote, PORTLAND
  
- Mike Bossy Award (Most Game Winning Goals)

Winner    Jarome Iginla, PORTLAND
 
- Guy Carbonneau Award (Most SHORT-Handed Goals)

Winner    Bobby Clarke WINNIPEG, Saku Koivu DENVER 

- Phil Esposito Award (Most Power-Play Goals)

Winner    Bobby Clarke, WINNIPEG

- Ogie Ogilthorpe Trophy (Player With Most PIM's) 
 
 Winner    Bryan Marchment, MONCTON 

-  The DIEHARD Cup.
The Portland Grave Diggers after beating Hartford 4-2 in the finals

Playoff Awards 
- Conn Smythe Trophy (Playoff MVP)

MICHAEL PECA, PORTLAND  12
BYRON DAFOE, PORTLAND    2

- Lasse Kinch Award (Best Press Releases of the Season)

JUSS DOOIT, WINNIPEG   6
ABSTAINS, ABSTAINS     6
SMG/JB, PORTLAND       2
JENKINS, ECHO BAY      1