The 6-foot 5-inch Palmer is the fifth Trojan to capture this award, following Mike Garret, OJ Simpson, Charles White and Marcus Allen. As a 4-year starter, the experienced, strong-armed Palmer was the Pac-10's career passing and total offense leader. Cason owns 7 Pac-10 career records and such USC career records as: total offense (a Pac-10 record 11,621), plays (a Pac-10 record 1,824), passing yardage (a Pac-10 record 11,818), passing touchdowns (72, third on the Pac-10 ladder), comletions (a Pac-10 record 927), and attemps (1 Pac-10 record 1,569). Palmer finished his USC season with a win at the 2003 Orange Bowl where he was selected bowl MVP. He went on to be the number one pick in the 2003 NFL Draft.
The Voting
| | Points | |||||||
Place | Name | School | Class | Position | 1 | 2 | 3 | Total |
| 1st | Carson Palmer | Southern California | Sr. | QB | 242 | 224 | 154 | 1,328 |
| 2nd | Brad Banks | Iowa | Sr. | QB | 199 | 173 | 152 | 1,095 |
| 3rd | Larry Johnson | Penn State | Sr. | RB | 108 | 130 | 142 | 726 |
| 4th | Willis McGahee | Miami (Fl.) | Jr. | RB | 101 | 118 | 121 | 660 |
| 5th | Ken Dorsey | Miami (Fl.) | Sr. | QB | 122 | 89 | 99 | 643 |
| 6th | Byron Leftwich | Marshall | Sr. | QB | 22 | 26 | 34 | 152 |
| 7th | Jason Gessar | Washington State | Sr. | QB | 5 | 22 | 15 | 74 |
| 8th | Chris Brown | Colorado | Sr. | RB | 5 | 11 | 11 | 48 |
| 9th | Kliff Kingsbury | Texas Tech | Sr. | QB | 6 | 2 | 11 | 33 |
| 10th | Quentin Griffin | Oklahoma | Sr. | RB | 1 | 8 | 9 | 28 |
Carson owns seven Pac-10 career records and such USC player records as: total offense (a Pac 10 record 11,621), plays (a Pac-10 record 1,824), passing yardage (a Pac-10 record 11, 818), passing touchdowns (72, third on the Pac-10 ladder), completions (a Pac-10 record 927), attempts (a Pac-10 record 1,569). Palmer finished his USC season with a win at the 2003 Orange Bowl where he was selected bowl MVP. He went on to be the number one pick in the 2003 NFL Draft.
No. of registered electors: 922
Date of announcement: December 13, 2002
Date of dinner: December 15, 2002
The number of points by region and position within each region are as follows for the top five candidates:
Name | North-east | Mid Atlantic | South | South-west | Mid-west | Far West | ||||||
| Palmer | 225 | 1 | 203 | 1 | 200 | 1 | 215 | 1 | 189 | 1 | 296 | 1 |
| Banks | 122 | 4 | 151 | 3 | 178 | 2 | 192 | 2 | 289 | 2 | 163 | 2 |
| Johnson | 161 | 2 | 164 | 2 | 97 | 5 | 112 | 3 | 102 | 4 | 90 | 4 |
| McGahee | 120 | 5 | 110 | 5 | 155 | 3 | 90 | 5 | 106 | 3 | 79 | 5 |
| Dorsey | 149 | 3 | 113 | 4 | 100 | 4 | 92 | 4 | 82 | 5 | 107 | 3 |