The former Guns N' Roses star was presented with the Guitar Legend Award by Aerosmith rocker Joe Perry, Jett accepted the Icon Award, and Smashing Pumpkins rocker Corgan was handed the Vanguard Award during the ceremony at Voinovich Park, behind the Rock and Roll Hall of Fame building.
Corgan said of the awards ceremony, "What's great about Alternative Press is it still kind of stands for the alternative counter culture. Maybe it's not as much of a counter culture as it once... I'm happy to just be part of the alternative culture," while Slash added in a post on Twitter.com, "Receiving the Gtr (Guitar) Legend award from Apma was quite the honour. Receiving it from friend & mentor Joe Perry put it over the top."
Other winners included Panic! At The Disco frontman Brendon Urie, who won the Best Vocalist prize and took to the stage to perform Frank Sinatra classics Luck Be A Lady and Fly Me To The Moon with the Contemporary Youth Orchestra.
The show, hosted by Blink-182 star Mark Hoppus, also included performances from The Misfits, Fall Out Boy and Joan Jett & The Blackhearts.