The Los Angeles Lakers nominated nine-time NBA champion Phil Jackson for the Hall Of Fame on Tuesday, ESPN is reporting.

"I was made aware of it," Jackson said Tuesday, "and yet still have some physical issues that I still have to think about before I really embrace that possibility. But it's an honor to be thought about."

The Hall will announce its 24 finalists for the Class of 2007 on Feb. 16, during NBA All-Star Weekend in Las Vegas. The finalists will be voted on by the 24-member honors committee; 18 votes are needed for induction.