Ferdinand 38, played for the Trotters last season making 12 appearances and scoring once, before moving on to Championship side Reading during the January transfer window.
The ex-England international has also enjoyed spells at Queens Park Rangers, Besiktas, Newcastle United, Tottenham Hotspur, West Ham United and Leicester City.
Speaking of his new award Ferdinand said:
"I'm very honoured but it hasn't really sunk in. I suppose it won't until it all happens and I collect my award."
"When I look back to the days when I was playing local semi-professional football for Hayes, it seems a million miles away.
"I thought that was the highest level I could play at. I never envisaged I would make it into the professional ranks and do what I've actually done."