McDermott is the 11th three-time All-American and first in almost 30 years. He led the nation in scoring with a 26.7 average while shooting 52.6 percent from the field including 44.9 percent from 3-point range.
The 6-foot-8 McDermott averaged 7.0 rebounds in leading the Bluejays to a 27-8 record in their first season as a member of the Big East. He finished his career with 3,150 points.
McDermott received 64 votes Thursday from the same 65-member national media panel that selects the weekly Top 25. Russ Smith of Louisville got the other vote. The voting ended on Selection Sunday.
''This is a huge honor,'' said McDermott, who was presented the award at a news conference Thursday at AT&T Stadium, site of the Final Four, and joined by his father, Creighton head coach Greg McDermott, along with his mother and sister.
''It's been a heck of a ride. It has been a great four years.''
McDermott led the Bluejays to a No. 3 seed in the NCAA tournament. And while their season ended in a loss to Baylor, it was only a blip on an otherwise remarkable career that left his proud pop feeling nostalgic.
''It's hard to believe on a lot of levels,'' Greg McDermott said. ''As his father, I still see him as a little scrawny kid in a lot of ways.''
Earlier this year, he was voted a first-team All-American, the first player since Patrick Ewing and Wayman Tisdale in 1985 to earn the nod three consecutive years.
''I knew Doug was going to be player of the year much sooner than I thought I could be coach of the year,'' Wichita State head coach Gregg Marshall said. ''He can certainly play on any level and he proved that this year.''
USBWA selects McDermott as player of the year
ARLINGTON, Texas -- Creighton's Doug McDermott has picked up his second award for player of the year in as many days, accepting the honor Friday from the U.S. Basketball Writers Association.
McDermott accepted the honor from Hall of Famer Oscar Robertson at AT&T Stadium. Robertson's name is on the award.
McDermott picks up Wooden Award
ARLINGTON, Texas -- Creighton's Doug McDermott just keeps picking up awards during college basketball's biggest weekend.
McDermott won the Wooden Award on Friday, given to the game's top player as selected by the Los Angeles Athletic Club. McDermott received his latest honor at a ceremony in Fort Worth, Texas, not far from the site of the Final Four in Arlington.