League Awards
| Award | Player | Stats |
|---|---|---|
| Most Valuable Player Award | Iván Rodríguez | TEX 144 G .332/.356/.558 |
| Cy Young Award | Pedro Martinez | BOS 23-4, 2.07, 313 SO |
| Rookie of the Year Award | Carlos Beltrán | KCR 156 G .293/.337/.454 |
| Manager of the Year Award | Jimy Williams | |
| Triple Crown | Pedro Martinez | BOS 23-4, 2.07, 313 SO |
| Batting Champion (highest BA as recognized at time) | Nomar Garciaparra | BOS 135 G .357/.418/.603 |
| ERA Pitching Champion (lowest ERA as recognized at time) | Pedro Martinez | BOS 23-4, 2.07, 313 SO |
| Rolaids Reliever of the Year | Mariano Rivera | NYY 4-3 (45 SV), 1.83, 52 SO |
| ALCS MVP | Orlando Hernández | Series Summary |
| TSN Pitcher of the Year | Pedro Martinez | BOS 23-4, 2.07, 313 SO |
Gold Glove Winners