1992 CFL season

The CFL celebrated 100 years of football in Canada, commemorating the formation of the Canadian Rugby Union in 1892, the forerunner of Football Canada and the CFL. Former Alouette running back/tight end, Larry Smith was named as the ninth CFL Commissioner in history on Thursday, February 27.

The Calgary Stampeders then owned by Larry Ryckman, signed free agent quarterback, Doug Flutie in March. The CFL revoked the franchise of BC Lions owner Murray Pezim and assumed control of the team, when Pezim refused to pay off club bills, on August 27. After one month, Bill Comrie purchased the BC Lions franchise from the CFL on September 23.

At the CFL Awards, Doug Flutie was named as the CFL's Most Outstanding Player for the second straight season, only becoming the third player to do so. Toronto played host to the Grey Cup for the 45th time, which is more than any other city. In addition, the Calgary Stampeders won their first Grey Cup championship in 21 years; ending the longest drought at that time of any CFL city, by defeating the Winnipeg Blue Bombers, 24–10.

In June 1992, the CFL played a preseason game between Toronto and Calgary in Portland, Oregon. It was a predecessor to the CFL USA expansion that would begin the next year.

Final regular season standings

Note: GP = Games Played, W = Wins, L = Losses, T = Ties, PF = Points For, PA = Points Against, Pts = Points

• Bold text means that they have clinched the playoffs.
• Calgary and Winnipeg get first round byes.

The Calgary Stampeders are the 1992 Grey Cup champions, defeating the Winnipeg Blue Bombers 24–10, at Toronto's SkyDome. This was the first championship for the Stampeders in 21 years, ending the longest existing drought at the time, having previously won the 1971 Grey Cup Game over the Toronto Argonauts. Incidentally, the Saskatchewan Roughriders ended a 23-year drought several years earlier with a win in the 1989 Grey Cup Game, which was played at the same venue as the 1992 game. The Stampeders' Doug Flutie (QB) was named the Grey Cup's Most Valuable Player and Dave Sapunjis (SB) was the Grey Cup's Most Valuable Canadian.

Playoff bracket

• CFL Passing Leaders
• CFL Rushing Leaders
• CFL Receiving Leaders^[1]

Special teams

• P – Hank Ilesic, Toronto Argonauts
• K – Troy Westwood, Winnipeg Blue Bombers
• ST – Henry "Gizmo" Williams, Edmonton Eskimos

Special teams

• P – Hank Ilesic, Toronto Argonauts
• K – Troy Westwood, Winnipeg Blue Bombers
• ST – Raghib Ismail, Toronto Argonauts

Special teams

• P – Lui Passaglia, BC Lions
• K – Mark McLoughlin, Calgary Stampeders
• ST – Henry "Gizmo" Williams, Edmonton Eskimos

• CFL's Most Outstanding Player Award – Doug Flutie (QB), Calgary Stampeders
• CFL's Most Outstanding Canadian Award – Ray Elgaard (SB), Saskatchewan Roughriders
• CFL's Most Outstanding Defensive Player Award – Willie Pless (LB), Edmonton Eskimos
• CFL's Most Outstanding Offensive Lineman Award – Robert Smith (OT), Ottawa Rough Riders
• CFL's Most Outstanding Rookie Award – Mike Richardson (RB), Winnipeg Blue Bombers
• CFLPA's Outstanding Community Service Award – Danny Barrett (QB), BC Lions
• CFL's Coach of the Year – Wally Buono, Calgary Stampeders
• Commissioner's Award - Tom Shepherd, Saskatchewan Roughriders