LOUISVILLE, Ky (WDRB) -- The Cincinnati Reds will induct legend Pete Rose into the Reds Hall of Fame.

Rose was selected as the lone inductee for the class of 2016 by the Reds Hall of Fame Board of Directors.  

"Inducting Pete into the Reds Hall of Fame will be a defining moment in the 147-year history of this storied franchise," said Bob Castellini, Reds President and CEO. "He is one of the greatest players to ever wear a Reds uniform, and it will be an unforgettable experience watching him being honored as such."

Castellini said at a press conference Tuesday that new MLB commissioner Rob Manfred gave his permission for Rose to be inducted into the Reds' Hall of Fame. Previous commissioner Bud Selig had not given such permission when Castellini asked in previous years. 

On top of the induction this summer, Rose will have his No. 14 retired by the club, as well as a statue outside Great American Ballpark "in the near future."

Rose is baseball's all-time hits leader with 4,256 for his career. He was banned from baseball in 1989 for allegedly bet on games while playing for and managing the Cincinnati Reds.

Last year, Rose appealed his lifetime ban from the league. Major League Baseball denied that request.

The Hall of Fame induction weekend is June 24-26, 2016. The Reds' hall has 85 members, including many of Rose's teammates from the 1975-'76 "Big Red Machine" back-to-back World Championship teams.

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