World Series Champion: New York Yankees
| Award | Player | Stats |
|---|---|---|
| Cy Young Award | Bob Turley | NYY 21-7 (1 SV), 2.97, 168 SO |
| Willie Mays World Series MVP | Bob Turley | Series Summary |
| TSN Major League Player of the Year | Bob Turley | NYY 21-7 (1 SV), 2.97, 168 SO |
| Lou Gehrig Memorial Award | Gil McDougald |
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