According to ESPN's Adrian Wojnarowski, Grant Hill, Jason Kidd and Steve Nash will be inducted as part of this year's class, with a formal announcement coming this weekend. Nash played 18 total seasons for the Suns, Dallas Mavericks and Los Angeles Lakers and has the ninth-best career 3-point field goal percentage of all time (.428). Nash now serves as general manager of the Canadian national team, and has a minor player development role with the Golden State Warriors.
The full class of inductees will be officially announced Saturday in San Antonio in conjunction with the Final Four.
Kidd won a championship with the Mavericks in his second stint with the team in 2011. Hill was a seven-time All-Star and co-Rookie of the Year with Kidd in 1994-95.
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The induction ceremonies, which are held at the Basketball Hall of Fame in Springfield, are traditionally held in September.
Kidd, who was until recently the head coach of the Milwaukee Bucks, made 10 All-Star teams in his 19-year career.
Hill's career was derailed by constant lower body injuries over the last twelve years of his career.
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Nash was an eight-time All-Star and won two MVP awards in his 18-year career.
Four-time All-Star Maurice Cheeks and longtime National Basketball Association league office and team executive Rod Thorn will also be among those inducted, according to ESPN.
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It is unclear whether any of the other nine finalists, who include Ray Allen, Chris Webber and Rudy Tomjanovich, were selected for the Hall of Fame.