For the second year in a row, the NFL will announce its biggest individual awards of the year in style. The league announced that the "2nd Annual NFL Honors" will take place on the night before the Super Bowl.
Alec Baldwin will host the event and it should be an entertaining way for players to get the recognition they deserve for a great season.
In the past, fans were simply told about the results through random media sources, so this provides an opportunity to build up excitement for league as well as generate ratings.
Here is everything you need to know about the highly anticipated event.
Who is the NFL MVP?
When: February 2
Time: 9 p.m. - 11 p.m. ET
Where: Mahalia Jackson Theater, New Orleans, La.
Host: Alec Baldwin
Musical Performance: One Republic
Associated Press Awards
Most Valuable Player
Prediction: Adrian Peterson, RB, Minnesota Vikings
This is one of the closest races in years for the league's top award.
Aaron Rodgers, Tom Brady and Peyton Manning each have a legitimate argument as quarterbacks who led their team to a great season. However, Adrian Peterson was the most impressive with the least help around him.
The Vikings running back rushed for 2,097 yards this season, almost 500 yards more than anyone else in the league. He was able to lead his team to the playoffs despite the team being No. 31 in passing offense and No. 14 in scoring defense.
Minnesota allowed more points than the team of any other legitimate MVP candidate.
Peterson was the most important player on his team and that should earn him his first MVP award.
Coach of the Year
Prediction: Bruce Arians, Indianapolis Colts
Chuck Pagano was diagnosed with leukemia and the team rallied around him. Bruce Arians then took over and helped the team not only stay competitive but dominate.
Regardless of the reasons for the success, there is no denying the fact that this team went 2-14 last season and were able to reach the playoffs this year with an 11-5 record. As an interim coach, Arians put together a 9-3 record.
Mike Shanahan with the Washington Redskins and Pete Carroll of the Seattle Seahawks also had impressive years, but it was not as remarkable as the turnaround that took place in Indianapolis this season.
Offensive Player of the Year
Prediction: Adrian Peterson, RB, Minnesota Vikings
Of the six running backs ever to rush for over 2,000 yards in a season, five of them have been named Offensive Player of the Year.
The only one to lose was Eric Dickerson in the season that Dan Marino became the first player to throw for 5,000 yards.
Adrian Peterson was the most impressive offensive player this season and his numbers alone should allow him to take home this hardware.
Defensive Player of the Year
Prediction: J.J. Watt, DE, Houston Texans
There was no one in the NFL anywhere close to as dominant on the defensive side of the football as J.J. Watt.
The defensive end redefined the position this year as he was able to not only succeed as a pass-rusher, but he completely disrupted everything the offense tried to do against him.
Watt finished the year with 20.5 sacks, which led the league and was only two short of the NFL record. He also put up numbers that no one on the defensive line usually can come close to, including 81 tackles and 16 passes defended.
This season should be enough to give Watt some MVP consideration, but instead he will likely settle for the top defensive player in the game.
Offensive Rookie of the Year
Prediction: Robert Griffin III, QB, Washington Redskins
This is another incredible tight battle, as three quarterbacks likely make up the best class at the position we have seen in years.
Andrew Luck engineered a great turnaround on a bad team and set a new record for rookie passing yards in a season. Russell Wilson impressed with his legs and his ability to get touchdowns, throwing 26 on the year.
However, Robert Griffin III did a little bit of everything to keep him ahead of the competition. He finished third in the NFL in passer rating thanks to his 20 touchdowns and only five interceptions.
He also succeeded as a runner, totaling 815 yards and seven touchdowns on the ground. In addition, his highlight plays will help him get even more votes.
None of these competitors will go away from the spotlight anytime soon, but Griffin takes the Rookie of the Year award after an amazing first season.
Defensive Rookie of the Year
Prediction: Luke Kuechly, LB, Carolina Panthers
There were a number of talented defensive rookies, but Luke Kuechly was in a league of his own.
He led the entire NFL with 164 total tackles, which were 15 more than anyone else in the league. He took his opportunity as a starter and completely transformed a defense from one of the worst in the NFL to one of the best.
Casey Hayward and others have a good claim for the award, but not this season.
Comeback Player of the Year
Prediction: Peyton Manning, QB, Denver Broncos
While he might not win the MVP, Peyton Manning deserves to win Comeback Player of the Year.
The future Hall-of-Fame quarterback missed all of last season with a neck injury and it was possible that he would never return to the field. His old team even released him because the future was more secure with Andrew Luck.
Fortunately, the Denver Broncos took a chance and Manning rewarded them with one of the best seasons of his career.
This should allow him to take home this award over Peterson, who returned from a torn ACL that he suffered at the end of last season.
In additional to the seven Associated Press awards, the NFL will hand out these eight awards for various accomplishments on and off the field:
Pepsi Max Rookie of the Year
GMC Never Say Never Moment of the Year
NFL.com Fantasy Player of the Year presented by SAP
Don Shula NFL High School Coach of the Year Award
Walter Payton NFL Man of the Year
FedEx Air & Ground Players of the Year
Bridgestone Play of the Year
"Greatness on the Road" Award presented by Courtyard Marriott
Salute To Service Award Presented by USAA