Basketball Hall of Fame Class of 1988
The 4-member Basketball Hall of Fame Class of 1988 was highlighted by the enshrinements of Wes Unseld and Clyde Lovellette.
| Hall of Famer | Category | Committee | Position |
| Wes Unseld | Player | North American | C-F |
| Clyde Lovellette | Player | North American | C-F |
| Ralph Miller | Coach | North American | |
| Bob McDermott | Player | Veterans | |
Finalists Who Didn't Make the Cut in 1988
| Finalist | Category | Committee | Eventually Inducted |
| John Moir | Player | NA | Not Yet |
| Earl Monroe | Player | NA | 1990 |
| Jack Hartman | Coach | NA | Not Yet |
| Bob Knight | Coach | NA | 1991 |
| Will Robinson | Coach | NA | Not Yet |
| Phillip Woolpert | Coach | NA | 1992 |
