He has earned many awards. Lynn received the Stotlar Award for lifetime contributions to education in sports business from the Sport Marketing Association. He also received the Distinguished Career Contributions to the Scientific Understanding of Sports Business from American Marketing Association Sports SIG and the Lifetime Achievement Award from the American Marketing Association Consumer Behavior SIG. He received the Albert Nelson Marquis Lifetime Achievement Award in 2018.
He has served as President of the Society for Consumer Psychology, as Chair of the Sports and Special Events Special Interest Group in the American Marketing Association, and as a member of the American Psychological Association (APA) Council of Representatives. He has served as Chair of the APA Membership Board in 2019. He was previously Editor of Sport Marketing Quarterly.