Halladay, who won a major league-high 22 games, received 26
first-place votes and two seconds for 136 points in balloting by
the Baseball Writers' Association of America.
Loaiza, who went to spring training with a minor league
contract, got two firsts, 16 seconds and five thirds for 63 points.
Boston's Pedro Martinez was third with 20 points, followed by
Oakland's Tim Hudson (15), Seattle's Jamie Moyer (12), the Yankees'
Andy Pettitte (four) and Oakland's Keith Foulke and Minnesota's
Johan Santana (one each).
Halladay, a 26-year-old right-hander, had never won more than
eight games in a season before he went 19-7 in 2002.
He finished 22-7 with a 3.25 ERA this year, winning 15
consecutive decisions from May 1 to July 27 and tying for the AL
lead with nine complete games.
His 1-0, 10-inning win over Detroit on Sept. 7 was the first
extra-inning shutout in the major leagues since Jack Morris led
Minnesota over Atlanta in Game 7 of the 1991 World Series.
Loaiza went 21-9 with a 2.90 ERA and a league-high 207
Martinez, a three-time Cy Young winner, was 14-4 with a
major league-leading 2.22 ERA.
Toronto pitchers have won the award in four of the past eight
Halladay follows Pat Hentgen (1996) and Roger Clemens (1997 and 1998). Clemens also won the 2001 AL Cy Young with the Yankees (he has a major-league record six overall).
Halladay gets a $100,000 bonus for winning.
Loaiza gets $90,000 for finishing second and Martinez $50,000 for finishing third.