Since 2016, the year of its inaugural season, the Premier Hockey Federation (PHF) grants several annual awards to players in the league, including Most Valuable Player, Goaltender of the Year, Best Defender, Rookie of the Year, Newcomer of the Year, Denna Laing Award, Foundation Award, Offensive Player of the Year, and the Fans' Three Stars of the Season. The award for Most Valuable Player is voted on by the Professional Hockey Writers' Association. Nominees for the Foundation Award are chosen by the Players Association and voted on by fans. Other awards are voted on a panel of journalists.

The Premier Hockey Federation (PHF) was a women's professional ice hockey league in the United States and Canada that operated from March 2015 until June 2023. The league was established in 2015 as the National Women's Hockey League (NWHL), comprising four league-owned teams. Over time, some teams gained independent ownership and the number of teams grew to seven; teams during the league's final season in 2022–23 included the Boston Pride, Buffalo Beauts, Connecticut Whale, Metropolitan Riveters, Minnesota Whitecaps, Montreal Force, and Toronto Six. The Isobel Cup was awarded annually to the league playoff champion.