
The Manager of the Year Award is an honor given annually since 1983 to the best managers in the American and National Leagues. Main article: Major League Baseball Manager of the Year Award The 2021 award winners are Randy Arozarena of the Tampa Bay Rays in the American League and Jonathan India of the Cincinnati Reds in the National League. Since 1949, the honor has been given to one player in each league.

In 19, only one award was given to a single player. The only Rookie of the Year to win the Cy Young Award in the same year was Fernando Valenzuela in 1981. Only two players, both in the American League, have been named Rookie of the Year and MVP in the same year: Fred Lynn in 1975 and Ichiro Suzuki in 2001. In 1987, it was renamed the Jackie Robinson Award, in honor of the 40th year since Robinson broke the baseball color line. Louis Comiskey Memorial Award, after the Chicago White Sox owner of the 1930s. Jackie Robinson was awarded the first official Rookie of the Year award. Starting in 1947, all members of the national BBWAA organization voted. The award was established in 1940 by the Chicago chapter of the BBWAA who alone selected a rookie of the year. The Rookie of the Year Award is given annually to one player from each league, as voted upon by the BBWAA. Main article: Major League Baseball Rookie of the Year Award The current holders of the trophy are the Atlanta Braves of the National League, who won the 2021 World Series. It is the only championship trophy of the four major sports in the United States that is not named after a particular person (contrasting with the National Hockey League's Stanley Cup, the National Football League's Vince Lombardi Trophy, and the National Basketball Association's Larry O'Brien Trophy). Recent trophy designs contain flags representing each team in each league.
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The Commissioner's Trophy has been awarded to the Series winner since 1967. In addition to the Commissioner's Trophy, each player on the winning team receives an individual World Series ring. Best-of-seven has been the format of nearly all of the modern World Series, except 19–1921 which were best-of-nine. The World Series championship is determined through a best-of-seven playoff. When the term "World Series" is used by itself, it is usually understood to refer to the "modern" World Series exclusively. īaseball has employed various championship formulas since the 1860s. The "modern" World Series has been played every year since 1903 with the exception of 1904, which was cancelled when the NL champion New York Giants declined to play the AL champion Boston Americans, and 1994, which was cancelled due to the players' strike. The World Series is played between the champion clubs of the American League and the National League. The Commissioner's Trophy is presented each year by the Commissioner of Baseball to the Major League Baseball team that wins the World Series.

Additionally, the Commissioner, at his discretion, can present an Historic Achievement Award for any great contribution to the sport that he deems worthy.

Before that time, the most recently established awards were the Major League Baseball Reliever of the Year Award and Major League Baseball Comeback Player of the Year Award, both established in 2005. The newest award is the All-MLB Team, introduced in 2019 to honor the best players at each position across all of MLB. Offensive awards include the Silver Slugger Award and the Hank Aaron Award, while the Cy Young Award and Major League Baseball Reliever of the Year Award recognize pitching the Rawlings Gold Glove Award is given for fielding. MVP awards are also presented for performances in the Major League Baseball All-Star Game, the League Championship Series, and the World Series. The Most Valuable Player Award, commonly known as the "MVP", is the oldest individual award, given in its current format since 1931. Additionally, various organizations-such as the Baseball Writers' Association of America (BBWAA) and the Office of the Commissioner of Baseball-present awards for such accomplishments as excellence in batting, pitching performance, fielding prowess, and community service. Three team trophies are awarded annually: one each to the National League and American League champions, and one of the champion of the World Series. Major League Baseball presents a variety of annual awards and trophies to recognize both its teams and its players.
