League Awards
| Award | Player | Stats |
|---|---|---|
| Most Valuable Player Award | Alex Rodriguez | NYY 162 G .321/.421/.610 |
| Cy Young Award | Bartolo Colón | LAA 21-8, 3.48, 157 SO |
| Rookie of the Year Award | Huston Street | OAK 5-1 (23 SV), 1.72, 72 SO |
| Manager of the Year Award | Ozzie Guillén | |
| Batting Champion (highest BA as recognized at time) | Michael Young | TEX 159 G .331/.385/.513 |
| ERA Pitching Champion (lowest ERA as recognized at time) | Kevin Millwood | CLE 9-11, 2.86, 146 SO |
| Rolaids Reliever of the Year | Mariano Rivera | NYY 7-4 (43 SV), 1.38, 80 SO |
| ALCS MVP | Paul Konerko | Series Summary |
| Hank Aaron Award | David Ortiz | BOS 159 G .300/.397/.604 |
| TSN Pitcher of the Year | Bartolo Colón | LAA 21-8, 3.48, 157 SO |
Gold Glove Winners