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Since the 2014–15 season, the awards are voted on by the fans online, whereas previously they were not. The voting is currently decided by a ratio of 40% by the ballfans and the media, and 60% by the coaches and the captains of each of the teams of the Greek Basketball League. However, the Most Popular Player and Women's Favorite Player awards are decided exclusively by the fan's online voting.
In the 2014–15 and 2015–16 seasons, the Greek Basketball League's regular season PIR leader was considered to be an unofficial statistical "MVP award", that was based solely on this statistic. This is not to be confused with the official Greek Basketball League MVP award, which is an award that is based on a voting process, and that is awarded at the end of each season's playoffs.