The Professional Inline Hockey Association presents numerous annual awards and trophies to recognize its teams and players. The oldest, and most recognizable, is the Founders Cup. First awarded in 2002, the Founders Cup is awarded to the PIHA's playoff champion.
The PIHA's championship trophy is the Founders Cup, which was created in 2002, and is awarded annually to the playoff champion. The Best Overall Record Trophy is awarded to the PIHA's regular season champion. The Organization of the Year Trophy is awarded to the team that best represents the PIHA.
Presently, the PIHA has two active annual individual awards, the Joe Cook Award, awarded to the league's leading scorer, and the Walt Frazier Award, awarded to the PIHA's playoff most valuable player.
|Founders Cup||2002||Awarded to the PIHA playoff champion||Colorado Springs Thunder|
|Best Overall Record Trophy||2002||Awarded to the club finishing the regular season with the best overall record (based on points)||Suffolk Sting|
|75px||Organization of the Year Trophy||2002||Awarded to the club that best represents the league||Colorado Springs Thunder|
|75px||Eastern Conference Championship Trophy||2006||Awarded to the Eastern Conference playoff champion||New Jersey Grizzlies|
|75px||Western Conference Championship Trophy||2006||Awarded to the Western Conference playoff champion||Colorado Springs Thunder|
|Scott Rupp Award||2002||Awarded to the league's most valuable player||Retired in 2008|
|Joe Cook Award||2002||Awarded to the player who leads the league in total points at the end of the regular season|| Brian Yingling|
Colorado Springs Thunder
|Walt Frazier Award||2002||Awarded to the most valuable player for his team in the playoffs|| Dan Lamb|
Colorado Springs Thunder
|Most Valuable Defenseman Award||2002||Awarded to the defense player who demonstrates throughout the season the greatest all-round ability in the position||Retired in 2003|
|All-Star MVP Award||2003||Awarded to the most valuable player in the All-Star Classic||Retired in 2007|
|Energy Player of the Year Award||2003||Awarded to the forward who best excels in the defensive aspects of the game||Retired in 2003|
|Most Valuable Goaltender Award||2003||Awarded to the league's top goaltender||Retired in 2003|
|Sportsman of the Year Award||2003||Awarded to the player who exhibited outstanding sportsmanship and gentlemanly conduct combined with a high standard of playing ability||Retired in 2003|
|Sin Bin Hockey Grinder Award||2008||Awarded to the player who best exemplifies the qualities of passion, hard work and intensity||Retired in 2008|