The Johnny Unitas Golden Arm Award® along with presenting sponsor A. O. Smith Corporation announce the 2020 Johnny Unitas Golden Arm Award Watch List Week 16 Stats. Candidates are chosen based on player performance on and off the field. Candidates are judged on their character, citizenship, scholastic achievement, teamwork and leadership qualities.
| NAME | GAMES | COMP | ATTEMPTS | % | YDS | TDS | INT | RUSH | SCORE (record) | NOTES | CONFERENCE |
| Ian Book, Notre Dame | 11 | 201 | 314 | 64% | 2,601 | 23 | 2 | 430 | L 34-10 Clemson (10-1) | ACC Runner Up | ACC |
| Justin Fields, Ohio State | 6 | 119 | 164 | 73% | 1,521 | 20 | 5 | 274 | W 22-10 Northwestern (6-0) | Big Ten Champion | Big Ten |
| Mac Jones, Alabama | 11 | 250 | 327 | 77% | 3,739 | 34 | 4 | -9 | W 52-46 Florida (11-0) | SEC Champion | SEC |
| Trevor Lawrence, Clemson | 9 | 198 | 286 | 69% | 2,753 | 29 | 4 | 211 | W 34-10 Notre Dame (10-1) | ACC Champion | ACC |
| Kyle Trask, Florida | 11 | 285 | 409 | 70% | 4,125 | 46 | 5 | 50 | L 52-46 Alabama (8-3) | SEC Runner Up | SEC |