Sports awards are given to recognize excellence in the world of sports. The ESPY, which stands for Excellence in Sports Performance Yearly Award, is an annual award presented by the American broadcast television network ABC and ESPN. BYE is an acronym for Best Young Elite, a prestigious award given to young athletes who have achieved excellence in their sport. CUP is an acronym for Championship Unification Prize, an award given to teams or individuals who have won a championship title. MVP stands for Most Valuable Player, an award given to the individual player who has made the most significant contribution to their team's success. TROPHY is a physical award given to the winner of a competition, usually in the form of a CUP or statue. ROOKIEOFTHEYEAR is an award given to the best rookie of the year, recognizing the outstanding performance of a first-year athlete.