WWE holding the Hall of Fame ceremony at Madison Square Garden the weekend of WrestleMania 29 was not the original plan according to The Wrestling Observer Reporter.
Initially, WWE wanted it to take place in New Jersey where the rest of WrestleMania weekend activities will be. However, there was said to be some issues with having it in New Jersey which ultimately had WWE decide to bring the event to MSG.
Rumored names in the conversation of who will be inducted are Mick Foley, Kevin Nash and Bob Backlund.
There have been talks about The Ultimate Warrior getting inducted. There are those who know Warrior who feel he would agree to do the induction but of course there is a certain level of risk in working with him. There is a fear of doing business with him as he has a reputation of being difficult. Some in WWE management are nervous of Warrior agreeing to do the induction and then later backing out.