The Cheryl Miller Award is an award presented annually to the best women's basketball small forward in the National Collegiate Athletic Association (NCAA) Division I competition. It is named after Hall of Famer Cheryl Miller. While at Riverside (CA) Polytechnic High School, Miller set a single game scoring record of 105 points in a game in 1982. She was a four-time All-America, a three-time Naismith Player of the Year and a Wade Trophy winner while accumulating 3,018 career points at USC from 1982 to 1986. Miller is a 1984 Olympic gold medalist and was named the best college basketball player, both male and female, in 1986 by Sports Illustrated.

The Nancy Lieberman Award, named for Basketball Hall of Fame legend Nancy Lieberman, was given annually by the Rotary Club of Detroit in the Award's first 14 years to the nation's top collegiate point guard in women's Division I basketball. Sue Bird won the inaugural award in 2000, making her the first of only three players to have won three Lieberman Awards. Paige Bueckers is the first freshman to win the award in 2021, and only three players have won as sophomores —Bird in 2000 and the other two three-time winners, Sabrina Ionescu in 2018 and Caitlin Clark in 2022.