Presented annually by the National Football League (NFL) honoring a player's volunteer and charity work, as well as his excellence on the field. Prior to 1999, it was called simply the NFL Man of the Year Award. Shortly after Chicago Bears running back Walter Payton died (having been the 1977 recipient himself), the award was renamed to honor his legacy as a humanitarian. Each year, a winner is selected from 32 team nominations. The Man of the Year winner receives a $50,000 donation in his name to a charity of his choice. The 31 finalists also receive donations in their name of $5,000 each to charities of their choice.