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How does the basketball Hall of Fame determine who gets in?

So far here seems to be the order of selection criteria:

  1. Regular season MVP – so far every player who has won MVP either in NBA or ABA has been elected to the Hall of Fame. We’ll see if Derrick Rose becomes the first player not to get in.
  2. Scoring leader – Yes this is actually a pretty important criteria! Because every scoring leader so far has been elected to the HoF!
  3. Finals MVP – almost every Finals MVP except Cedric Maxwell (and perhaps Andre Iguodala in the future) has been elected to the HoF.
  4. All-NBA 1st team selection 3 times or more – with the election of Paul Westphal last year, every player with 3x All-NBA 1st team or more have been selected to the HoF. There are some players with 3x All-ABA 1st team that haven’t been selected however, like Mack Calvin, but this is because the NBA does not value ABA awards at the same level.
  5. A Championship as the 1st or 2nd best player on the team – Since Jack Sikma’s induction last year (2nd best player on 1979 Sonics), almost every player who has won a ring as the best or second best player on their team has been elected to the Hall of Fame. The only notable exceptions are the 2004 Pistons, which still have not had any members (!) inducted in the HoF. Chauncey Billups and Ben Wallace will get in sometime I presume.
  6. Scoring 20,000 career pts – The only 2 players not in the HoF and have this criteria are Tom Chambers and Antawn Jamison.
  7. All-NBA 2nd team selection 3 times or more – this is not as guaranteed but *most* players with 3x All-NBA 2nd team or more have been selected to the HoF. notable exceptions are Shawn Kemp, Chris Webber, Kevin Johnson and Tim Hardaway, but I have a feeling they might get in sometime in the future.
  8. All-Star selection of 6 times or more – Again just like the above, *most* players with 6x All Star have been selected to the HoF. Notable exceptions are Walter Davis, Shawn Kemp, and Lou Hudson, but these are all very borderline HoFers.