Other Leagues: Major Leagues, NL
Pennant Winner: New York Yankees
AL Most Valuable Player: Jackie Jensen
ML Cy Young: Bob Turley
AL Rookie of the Year: Albie Pearson
| Award | Player | Stats |
|---|---|---|
| Most Valuable Player Award | Jackie Jensen | BOS 154 G .286/.396/.535 |
| Cy Young Award | Bob Turley (ML) | NYY 21-7 (1 SV), 2.97, 168 SO |
| Rookie of the Year Award | Albie Pearson | WSH 146 G .275/.354/.358 |
| Batting Champion (highest BA as recognized at time) | Ted Williams | BOS 129 G .328/.458/.584 |
| ERA Pitching Champion (lowest ERA as recognized at time) | Whitey Ford | NYY 14-7 (1 SV), 2.01, 145 SO |
| TSN Pitcher of the Year | Bob Turley | NYY 21-7 (1 SV), 2.97, 168 SO |
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