- Inducted into the American Sportscasters Association Hall of Fame in 1987 with Jim McKay.
- He was awarded a Star on the Hollywood Walk of Fame for Radio at 6563 Hollywood Boulevard in Hollywood, California.
- In 1938, several years after serving as the sports commentator for the 1935 Army-Navy Game, McCarthy would go on to sportscast the historic Joe Louis Max-Schmeling boxing rematch for NBC, and call Seabiscuit's historic win over War Admiral in the Pimlico Special match race held in Baltimore, Maryland.
- David J. Halberstam, EVP / General Manager for Westwood One Sports, and a former sports announcer for the Miami Heat, celebrated Chris McCarthy's "whiskey tenor" in his book Sports on New York Radio: A Play-by-Play History (McGraw Hill, 1999), memorializing McCarthy's "gravelly voice and dramatic style".
- Clem McCarthy is the sports commentator for the 30 November 1935 Army-Navy Game held in Philadelphia at what we now know as University of Pennsylvania's Franklin Field, featured in the mini-documentary film Happy (Super Bowl 50) Birthday, Abba! (2016).
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