Rogers was credited with 47 tackles, 10 pass deflections and two interceptions last season despite opponents generally avoiding his side of the football field.
The cornerback received his trophy at a ceremony at the National Cowboy & Western Heritage Museum with former Oklahoma Governor George Nigh serving as master of ceremonies.
When he decided to return for his senior season instead of opting out for the NFL Draft, Rogers said one of his goals was to be a finalist for the Thorpe Award and win All-American honors in his final college season.
Carlos Rogers shows his trophy.
Rogers first broke into the starting lineup as a true freshman and started 44 of his 50 college games. He finished his AU career with seven interceptions and 40 pass deflections.
"This has been a great honor," Rogers said. "I'd like to thank my teammates and coaches this season. We had a great year and this award wouldn't have been possible without them.
"I'd also like to thank the presenters of the Jim Thorpe Award for making this honor possible. They've put a lot of hard work and dedication into this award.
"It's real special to be honored with an award that has seen so many great players receive it," Rogers added. "It's a great feeling to know I'll be added to that list of players."