Here's my list of top 20 most deserving (of the past 25 years) ... some are active ... (forgive me if I forget someone)
1) Vince McMahon. No, this isn't me believing in everything Vince has done through the years. But regardless of personal feelings for his current product or past decisions, the fact is that without his vision for pro wrestling, WWE, TNA and WCW never exist in the form they do or did.
2) Randy Savage: The last truly great star of his generation not to get in yet. Hogan, Flair, Piper, DiBiase, Andre have all been inducted. He probably won't get his induction due to unconfirmed rumors of a monstrous feud with VKM.
3) HBK: Only behind Savage on my list because he hasn't waited as long. Him and Savage are by far the top-2 performers on this list with HBK edging out Savage for that top slot.
4) The Rock: The most popular wrestler the WWE created in the post-Hogan era. He is the only true STAR that VKM ever created. Hogan, Austin and a few others have been big names in the mainstream, but The Rock is the only one who has been truly big outside wrestling.
5) Undertaker: Again, only behind The Rock because he has not yet retired. I wouldn't be offended if folks wanted to put HBK and UT atop their list of wrestlers with Savage and Rock at 3-4, in either order. Takers resume speaks for itself.
5) Eric Bischoff. While VKM had the vision to put wrestling amongst the pop culture, it was Bischoff who gave us the product that most on this board crave. Bischoff nearly beat VKM at his own game by making wrestling more adult and giving it an edgier feel.
6) Triple H. As the leader of DX and Evolution, two of the great stables of the past 15 years, Triple H has earned his spot in the HOF (regardless of marriage.) His spot is guaranteed.
7) Owen Hart: Spent the better part of a decade in the WWE, first wrestling as The Blue Blazer. His contribution to the WWE was far greater than that of the late Eddie Guerrero, and there's really no reason he was never in the World Title picture (with exception to a feud with his brother)
8) Mick Foley: The forgotten star of The Attitude Era. Foley was as big a star as anyone not named Austin during the era. His promos were golden. His matches were classic. And as the ONLY best-selling AUTHOR in the history of of pro wrestling, his mark on the industry is undeniable.
9) Arn Anderson. No real reason he hasn't been inducted yet. I've heard a lot of talk that next year's HOF theme will be WCW since the event will take place in Atlanta. Somehow, I haven't heard Anderson's name in the mix, though I could be missing it. Still, with or without the WCW theme, I expect Anderson to make it in next year. His career with the Horsemen coupled with his contribution backstage make him an eventual lock.
10) Sting. He's regarded as the only big star not to work for Vince McMahon, but his reputation and legacy is set regardless. He all but carried the WWE's main competition for years.
11) Kevin Nash. A former WWE Champion, he turned the wrestling world upside down when he joined Scott Hall to form the NWO in WCW. There are few greater, singular contributions in the history of wrestling.
12) Scott Hall. I actually think Nash and Hall will one day go in together (their relationship with Triple H guarantees their eventual enshrinement.) I put Nash ahead of Hall because Hall never fully lived up to his potential, which is why he is considered by many to be the best wrestling talent never to win a World Title.
13) Bob Backlund. Actually had to look up that he isn't in the Hall of Fame. This guy was a World Champion multiple times, and more than likely holds the record for longest amount of time between title reigns. For the kiddies on this board, it was his feud with The Iron Sheik that paved the way for Hulkamania to begin.
14) Kurt Angle. Few have made the transition from amateur wrestling to pro wrestling as seamlessly as Angle. Though it was common place for old school wrestlers to make this transition, Angle did it at a time when few - if any - amateur wrestlers looked at the WWE as a viable option. His success has given us such wrestlers as Brock Lesnar, Jack Swagger and Shelton Benjamin.
15) Ron Simmons. Let's look at all the incarnations of Ron Simmons through the years. Most kiddies will remember him for his "Damn" line ... Most 20-somethings will remember him for his stint with JBL in the APA or his time as the founder of the Nation of Domination ... but the true diehards will remember him as the first black world champion of a major US wrestling promotion. That last one alone is enough to get him into the HOF. I doubt his stint as Farooq Asad will hurt his chances.
16) The Ultimate Warrior. He falls on my list because his time in the business was so short. His contribution in that short time, however, give him enough credence for inclusion. Twenty years after he was at his peak, The Ultimate Warrior's name is still synonymous with pro wrestling - even to people who never really followed wrestling!
17) Goldberg. He spent less time in the ring than the Warrior and accomplished much less in that time. However, he actually finds himself on this list ONLY because he kept WCW afloat for at least an extra year or two. Without Goldberg, WCW would have been sold before the end of the decade. He was - and remains - that big of a name in the world of pro wrestling.
18) John Cena. He might one day find himself at the top of this list, and he will surely jump some of the names on this list eventually, but his time on top just hasn't been as influential or ground breaking as some of the names ahead of him. Being the face of the WWE these days, though, makes him a surefire HOF'er.
19) Big Show. He has never truly caught on with the fans enough to warrant the long-term title reign that most people would assume he'd receive if pro wrestling were real, but there's no denying his impact on the industry. Show was the FIRST big name to jump ship from WCW to WWE during the Monday Night Wars. His arrival in WWE may have been the true turning point of the era. It doesn't hurt that he is the MOST athletic "Giant" in the history of pro wrestling, and the only one who isn't just around because he's large.
20) Chris Jericho. A lot of people could have fit this position, but his resume includes being the first Undisputed Champion. That distinction gives him my nod in this final spot.
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Just missing
Kane - Dominant big man. Company guy. Well respected. He'll get in.
Jake Roberts - He was a transcendent heel during his heyday, providing the mold for the methodical heel that we see in Triple H and Randy Orton these days.
Rick Rude - He was one of the best heels of his era. He holds the distinction as the only person to be in both the original DX and the original NWO. (Waltman was in the original NWO and the second installment of DX while HBK was in the original DX and the second installment of the NWO...)
Giant Gonzalez - Not really. Just want to see if people are paying attention.
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Any wrestler currently in the main event picture in the WWE is currently on their way. This list includes Batista, Orton, CM Punk, Edge, etc...