Cabrera, who won the sport's first Triple Crown since 1967, edged out Trout in the voting for both player of the year and most outstanding player in the American League.
Trout was named outstanding rookie in the American League for his monster season. Despite not being called up from Triple-A until more than 20 games into the season, Trout led all of baseball with 10.7 Wins Above Replacement (according to Baseball-Reference.com's calculation); Cabrera was sixth in that metric despite playing in 22 more games than Trout.
Voting for the awards took place in September, according to the Associated Press.
Pittsburgh Pirates center fielder Andrew McCutchen won the National League's most outstanding player award, as voted on by his peers. The two most outstanding pitchers were Tampa Bay Rays lefty David Price and New York Mets knuckleballer R.A. Dickey.
The National League's most outstanding rookie was Cincinnati Reds third baseman Todd Frazier.