Multiple sources have confirmed that the late Paul Bearer is in the plans for this year’s WWE Hall of Fame ceremony from New Orleans. There is said to be a third star of the caliber of Jake Roberts and The Ultimate Warrior that will be going in also.
There’s no word yet if WWE still plans on inducting the WrestleMania I main event itself and the participants but the company is really pushing for Mr. T to accept an induction, but he’s turned them down several times in the past. Regarding Danny Hodge being inducted, the feeling is that if it doesn’t happen this year, it never will. Hodge was a big star in New Orleans back in the 1960’s.
Another name being discussed for this year is Lita.
(Source: Wrestling Observer Newsletter)