NBA Champion: St. Louis Hawks
NBA Finals: St. Louis Hawks (W) 4 Boston Celtics (E) 2
Main players: Cliff Hagan, Bob Pettit, Ed Macauley (St. Louis Hawks), Bill Russell, Bob Cousy, Frank Ramsey (Boston Celtics).
Regular Season MVP: Bill Russell (Boston Celtics).
All-NBA first team: Bob Cousy (Boston Celtics), Bill Sharman (Boston Celtics), George Yardley (Detroit Pistons), Bob Pettit (St. Louis Hawks), Dolph Schayes (Syracuse Nationals).
All-NBA second team: Slater Martin (St. Louis Hawks), Cliff Hagan (St. Louis Hawks), Tom Gola (Philadelphia Warriors), Maurice Stokes (Cincinnati Royals), Bill Russell (Boston Celtics).
Rookie of the Year: Woody Sauldsberry (Philadelphia Warriors).
* Player was selected but he could not play the game
All-Star Game MVP: Bob Pettit (St. Louis Hawks).