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
Inductees are limited to no more than six persons per class, which will occur at least every two years. At least one-half of each class will be from the player division. Players must have been retired from international competition for five years before being eligible for induction. While impossible in the short term, it is the long-term intention to achieve equity between the genders.
FIBA recognizes the achievement of administrators with the FIBA Order of Merit and the achievements of referees with the Radomir Shaper award.