- Inducted into the Boston College Varsity Club Hall of Fame in 1970-71 as a coach.
- Received his undergraduate degree at the College of the Holy Cross, in Worcester, Massachusetts.
- The Sporting News First Team All-America (1950) and Second Team All-America (1949).
Two-time All-Conference and All-New England (1949, 1950).
Team MVP and leading scorer (1949, 1950). - NBA MVP (1957).
All-NBA First Team (1952-1961) and All-NBA Second Team (1962-1963).
NBA All-Star Game MVP (1954, 1957).
Thirteen-time NBA All-Star (1951-1963). - Led the NBA in assists from 1953-1960, including a career high 9.5 per game in 1960.
Holds NBA record for most assists in one half (19, Feb. 27, 1959 vs. Minneapolis).
NBA 25th Anniversary All-Time Team (1970), NBA 35th Anniversary All-Time Team (1980), and NBA 50th Anniversary All-Time Team (1996). - Boston College coaching record: 117-38.
New England Coach of the Year (1968, 1969).
Led BC to three NITs (1969 finals) and two NCAA Tournaments (1967 Eastern Regional Finals). - Head coach for the NBA Cincinnati Royals (1969-1972) and NBA Kansas City/Omaha Kings (1972-1974). He compiled a 141-209 composite record. *
- Recipient of the Naismith Memorial Basketball Hall of Fame's John Bunn Award in 1983.
- Commissioner of American Soccer League (1975-1980).
- Boston Celtics all-time assists leader (6,945).
- Guard for Boston Celtics (1950-1963) and Cincinnati Royals (1969-1970 [7 games]).
- Since 2004, the Bob Cousy Award, presented by The Hartford Financial Services Group, has been given annually to the basketball player deemed to be the nation's top collegiate point guard.
- Inducted into the Holy Cross Varsity Club Hall of Fame in 1956.
- Inducted into the Naismith Memorial Basketball Hall of Fame in 1971.
- [22 August 2019] Awarded the Presidential Medal of Freedom by President Donald Trump in a ceremony in the Oval Office.
- Named to the NBA 75th Anniversary Team prior to the beginning of 2021-2022 season.
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