Pete Rose to be inducted into Reds Hall of Fame in June ceremony

The Cincinnati Reds will induct all-time MLB Hit King Pete Rose into their Hall of Fame during the weekend of June 24-26.

Rose, who agreed to a lifetime ban from baseball in 1989 because of a gambling scandal, had his application for reinstatement denied by Commissioner Rob Manfred in December. He is not eligible for election into the Baseball Hall of Fame in Cooperstown because of that ban but can be honored during special ceremonies –€“ as he was during the 2015 All-Star Game in Cincinnati.

During the news conference Tuesday morning, Rose thanked the Reds and Manfred for the honor. He also called this the "best Hall of Fame in baseball."

Rose, who grew up in Cincinnati, also said he hasn’t give up on his dream of being inducted into Cooperstown.

"I haven’t given up on Cooperstown. I’m not the type who’s going to give up on anything," he said. "But this is fine, I’m happy . . . I’m not going to sit here and say it’s the second-best thing, cause it’s not . . . I’m from Cincinnati. This is the first big thing." 

In the meantime, the Reds are glad to open the doors to their hall.

"Pete was told that in the immediate future, he probably is not going to be able to look in terms of Cooperstown," Reds CEO Bob Castellini said Tuesday. "And we certainly wanted to make sure that we picked up that vacuum. The commissioner gave us permission to do that; we couldn’t be more pleased that it is now. Now’s the time." 

The Reds also will retire Rose’s No. 14 and erect a statue of Rose. The weekend also will feature a 40th anniversary celebration of the Reds’ 1976 World Series championship team.

Rose, 74, spent 19 of his 24 major-league seasons with the Reds as a key member of the Big Red Machine that won two World Series championships in the 1970s.

His last season in the majors was 1986, when he served as a player-manager for the Reds. After he retired as a player, he remained the Reds manager until his ban in 1989. He had a career .303 average and 4,256 hits.

The Associated Press contributed to this report.