The Men's Young Player of the Year is an annual Úrvalsdeild honor bestowed on the best young player in the league following every season. The winner receives the Örlygur Cup, named after Örlygur Aron Sturluson.[1]
The following is a list of the all-time Úrvalsdeild Men's Young Player of the Year winners.[2]
| Season | Player | Team |
|---|---|---|
| 1983-1984 |  Guðni Ólafur Guðnason[3] | KR |
| 1984-1985 | ||
| 1985-1986 | Jóhannes Kristbjörnsson | Njarðvík |
| 1986-1987 | Keflavík | |
| 1987-1988 | Magnús Guðfinnsson | Keflavík |
| 1988-1989 | Haukar | |
| 1989-1990 | Marel Örn Guðlaugsson | Grindavík |
| 1990-1991 | Valur | |
| 1991-1992 | Óskar Kristjánsson | KR |
| 1992-1993 | Grindavík | |
| 1993-1994 | Snæfell | |
| 1994-1995 | ÍR | |
| 1995-1996 | ÍA | |
| KFÍ | ||
| KR | ||
| Skallagrímur | ||
| 1999-2000 | Ægir Hrafn Jónsson | ÍA |
| 2000-2001 | KR | |
| 2001-2002 | KR | |
| 2002-2003 | Sævar Ingi Haraldsson | Haukar |
| 2003-2004 | Sævar Ingi Haraldsson (2x) | Haukar |
| 2004-2005 | KR | |
| 2005-2006 | Fjölnir | |
| 2006-2007 | Jóhann Árni Ólafsson | Njarðvík |
| 2007-2008 | Keflavík | |
| 2008-2009 | Rúnar Ingi Erlingsson | Breiðablik |
| 2009-2010 | Fjölnir | |
| Ægir Þór Steinarsson (2x) | Fjölnir | |
| 2011-2012 | Njarðvík | |
| 2012-2013 | Elvar Már Friðriksson (2x) | Njarðvík |
| 2013-2014 | KR | |
| 2014-2015 | Tindastóll | |
| Haukar | ||
| KR | ||
| Ingvi Þór Guðmundsson[4] | Grindavík | |
| Hilmar Smári Henningsson[5] | Haukar | |
| Styrmir Snær Þrastarson[6] | Þór Þorlákshöfn | |
| KR | ||
| Tómas Valur Þrastarson[7] | Þór Þorlákshöfn | |