"We all like to say we're in control of things, but Russell was doing a pretty good job of building it up,'' Cronk said.
"Once it got to four tied at the top I thought that was the result but fortunately it went my way and here we are.
"I'm absolutely humbled. To be named alongside Dally Messenger who is an icon figure of our game, a pioneer, the reason why we play the game - I'm just really humbled by the moment and pretty taken back at the moment.''
Melbourne dropped out of the NRL finals in straight sets at the hands of South Sydney and Newcastle this year, prompting critics to declare the reign of the Storm's "big three'' was coming to an end.
However, Cronk upset favourites Thurston and Cherry-Evans to be crowned with the game's highest honour and indicate he's still at the top of his game.
Cronk is the third Storm player to win the Dally M, after Billy Slater in 2011 and Cameron Smith in 2006.
In a thrilling countdown to the main prize, Cronk shared the lead with Carney after the penultimate round 25 voting.
But Thurston and Cherry-Evans both earned two votes each in the last round of the regular season and the voting, to also be on 26 points.
In the end, Cronk's match-winning field goal in the 88th minute of the Storm's Saturday night win over the Titans at AAMI Park got him over the line.
Cronk's Maroons halves partner Thurston went within a whisker of joining Immortal Andrew Johns as a three-time winner of the award.
Cronulla five-eighth Carney was desperately unlucky to miss out on his second Dally M, with a hamstring injury robbing him the chance to poll in the last two weeks of the competition - including a round 26 Sharks win over Canberra.
Sea Eagles grand final halfback Cherry-Evans was hoping to follow in the footsteps of former Manly No 7 Matt Orford, who won the Dally M and the premiership back in 2008.
Other than centre of the year Jamie Lyon, Manly were absent from the awards.
However, minor premiers and fellow grand finalists the Roosters were duly rewarded for their stellar season.
As expected, rookie Roosters mentor Trent Robinson took out the Dally M coach of the year award, however, Sonny Bill Williams was a shock omission from the leaderboard, nowhere to be seen in the top 10 and ousted by teammate Boyd Cordner for second rower of the year.
South Sydney prop George Burgess won the rookie of the year award.
-AAP