The Flyers Hall of Fame honors players, coaches, executives, and builders who have contributed to the franchise’s success. The Hall of Fame induction is held, as needed, with candidates nominated and voted upon by a panel of media members and team officials. Committee members may vote for up to five candidates. Election is limited to three individuals during the first five years, no more than two of whom may be players. Thereafter, no more than two individuals may be elected in any one year, one of which must be a player.

The Hockey Hall of Fame was established in 1943 to honor players, builders, coaches, referees, and others who have had a significant impact on the game of hockey. While its first official building was completed in 1961, the Hockey Hall of Fame moved to its current home in downtown Toronto in 1993. Players and referees must have concluded their career for a minimum of three years in order to be inducted, while nominees in the builder category may be active or inactive. Every year, a maximum of four male and two female players can be inducted. Builder and Referee/Linesman category candidates are voted on the same ballot with a combined annual limit of two inductees. Each member of the Hockey Hall of Fame Selection Committee may not make more than one nomination for each category.