Ronaldo was struggling with a knee injury at the end of last season and strained his hamstring last month.
The Portuguese forward was presented with the award in Monte Carlo by UEFA President Michel Platini.
Real Madrid is waiting for the results on Cristiano Ronaldo's back injury to decide if he’s fit to play.
James Rodriguez will make his debut for Real Madrid in Tuesday’s Uefa Super Cup.
Portugal seized a World Cup lifeline after drawing with the USA 2-2.
At a training session on Friday Cristiano Ronaldo was again seen with a brace on his left knee.