Other Leagues: Major Leagues, NL
Pennant Winner: New York Yankees
AL Most Valuable Player: Al Rosen
AL Rookie of the Year: Harvey Kuenn
| Award | Player | Stats |
|---|---|---|
| Most Valuable Player Award | Al Rosen | CLE 155 G .336/.422/.613 |
| Rookie of the Year Award | Harvey Kuenn | DET 155 G .308/.356/.386 |
| Batting Champion (highest BA as recognized at time) | Mickey Vernon | WSH 152 G .337/.403/.518 |
| ERA Pitching Champion (lowest ERA as recognized at time) | Eddie Lopat | NYY 16-4, 2.42, 50 SO |
| TSN Pitcher of the Year | Bob Porterfield | WSH 22-10, 3.35, 77 SO |
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