Regular Season Awards
- Hart Trophy (Most Outstanding Player) 
 
SAKU KOIVU, DENVER            11
Daniel Briere, Atlantic Canada 2
Markus Naslund, Ottawa         1

- Lester Pearson Trophy (Most Valuable Player to a Team) 
 
ED JOVANOVSKI, NIAGARA FALLS    3
Dominik Hasek, Bancroft         2
Daniel Briere,Atlantic Canada   2
Saku Koivu, Denver              2
Naslund, Allison, McKenny, Spezza, Kid  all with one vote

- Lady Byng Trophy (Sportsmanship) 

JASON WOOLLEY,MONTREAL     10
Langenbrunner               3
Olausson                    1
  
- Norris Trophy (Top Defenseman) 

ED JOVANOVSKI, NIAGARA FALLS    7
Brian McCabe, Denver            5
Patrice Brisebois, Ottawa       2

- Vezina Trophy (Top Goaltender) 

DOMINIK HASEK, BANCROFT       10
Roberto Luongo, Winnipeg       2
Curtis Joseph, Hartford        2
 
- Calder Trophy (Best Rookie)  
 
MARCEL HOSSA, ECHO BAY     11
Ivan Huml, Denver           2
Ron Hainsey, Cornerbrook    1

- Selke Trophy (Best Defensive Forward) 

JIM MCKENNY, NIAGARA FALLS     5
ERIC LINDROS, DENVER           3
RADEK BONK, HARTFORD           2
Brind'amour, Torres, Trainor, Sundin all tied at 1
 
- Commissioner's Trophy (Top GM) 
 
MAGNUS NILSSON, DENVER   4
Steve Vendetti, Niagara  3
George McIntyre,Atlantic 3
Pat Herrington, Hartford 2
Mark Brashear, Echo Bay  1
Paul Guilbeault, Ottawa  1
 
- Jack Adams Award (Top Coach)
 
TIGER WILLIAMS, ATLANTIC     5
Bill Hicks Hartford          4
Rob Ramage, Ottawa           2
Dick Todd, Bancroft          2
D. L. Robinson, Echo Bay     1
                                                   
- The President's Trophy (1st Place Team)   
 
 Winner    Hartford,104 points   
 
- Art Ross Trophy (Player With Most Points) 
 
 Winner    Saku Koivu, Denver 
  

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

Winner    Dominik Hasek, Bancroft

 
- Terry Sawchuk Award (Most Shut-outs)

Winner    Nabokov-PET, Luongo-WIN,Skudra-MTL 

  
- Rocket Richard Award (Most Goals)

Winner    Saku Koivu, Denver 

 
- Paul Coffey Cup (Most Goals By A Defenseman)

Winner    Brisebois-OTT, Cote-ATL              
 
- Bobby Orr Award (Most Points By A Defenseman)

Winner    Ed Jovanovski, Niagara Falls
 
- Wayne Gretzky Award (Most Assists)

Winner    Mats Sundin, Peterborough
  
- Mike Bossy Award (Most Game Winning Goals)

Winner    Steve McKenna, Niagara Falls
 
- Guy Carbonneau Award (Most SHORT-Handed Goals)

Winner    Radek Bonk, Hartford  

- Phil Esposito Award (Most Power-Play Goals)

Winner    Sergei Fedorov, Ottawa

- Ogie Ogilthorpe Trophy (Player With Most PIM's) 
 
 Winner    Joe Thornton, Cornerbrook

-  The DIEHARD Cup.
The Denver Dwarves after beating Hartford 4-2 in the finals

Playoff Awards 
- Conn Smythe Trophy (Playoff MVP)

BRENT KRAHN, DENVER     6
Bryan McCabe, Denver    4
E Lindros, K Sauer, M Lemieux all tied at 1

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

JUSS DOOIT, WINNIPEG   7
KERMIT THE FROG, MIAMI 3
DWARVES SONG, DENVER   2
JENKINS, ECHO BAY      1
ABSTAINS               1