Drexler, a nine-time All-Star who was nicknamed "Clyde the Glide," was named one of the NBA's 50 Greatest Players.
The 16 finalists were announced Sunday. The final choices, those who receive enough votes to enter the hall, will be announced on April 5.
Others among the 16 2004 finalists are former Purdue Coach Gene Keady, Wayland Baptist Coach Harley Redin and former Kansas star Lynette Woodard. Phoenix Suns President Jerry Colangelo and broadcaster Dick Vitale were nominated as contributors and Drazen Dalipagic and Hortencia Marcari as international stars. Former NBA stars Johnny Kerr and the late Maurice Stokes were nominated by the veterans committee.