Krieg was a three time Pro-Bowl selection and was named UPI Second-Team All-AFC in 1984. He holds Seahawks records for most games with 4 or more touchdown passes, most games with 5 or more touchdown passes, and most games with 400 or more yards passing. He also holds an NFL record for most seasons in career having played every play at quarterback in a year. Krieg was inducted into the Seattle Seahawks Ring of Honor in 2004. He is a real estate investor and motivational speaker and is part owner of the af2’s Green Bay Blizzard.