The over-riding objective of the Hall of Fame is to reflect the history of the sport. The honor may be awarded posthumously.
The key conditions for induction to the FIBA Hall of Fame are:
Outstanding achievement at the international level from a personal effort or initiative
Having contributed to the performances as players, and coaches to the global development of basketball
FIBA Hall of Fame inductees are divided into two categories:
Players
Coaches
Unless otherwise decided by FIBA, there will be no more than six (6) persons per intake, which will occur every year. At least two thirds of each intake will be from the player division. It is not necessary to make an award in each division at each intake. Players must have been retired from international competition for three (3) years before being eligible for induction.
FIBA recognizes the achievement of administrators with the FIBA Order of Merit and the achievements of referees with the Radomir Shaper award.