As in the past, the Baseball Writers' Association of America (BBWAA) voted by mail to select from a ballot of recently retired players, with the results announced on January 24.

[2] A meeting of the players' Contemporary Baseball Era committee—one of a group of three rotating bodies generally referred to as the Veterans Committee and whose structure was amended in April 2022—was held in December 2022 to consider players from the era beginning in 1980 who no longer appear on the BBWAA ballot.

Players who met first-year eligibility requirements but were not selected by the screening committee for inclusion on the ballot were: Mike Avilés, Erick Aybar, Joaquín Benoit, Andrés Blanco, Joe Blanton, Craig Breslow, Jonathan Broxton, Alejandro De Aza, Stephen Drew, Yunel Escobar, Scott Feldman, Matt Garza, Jason Grilli, Jeremy Guthrie, Franklin Gutiérrez, Ryan Hanigan, Aaron Hill, J. P. Howell, Ubaldo Jiménez, Kyle Kendrick, Adam Lind, Dustin McGowan, Michael Morse, Brandon Moss, Edward Mujica, Ricky Nolasco, Eric O'Flaherty, Mike Pelfrey, Glen Perkins, Chad Qualls, Ryan Raburn, Carlos Ruiz, Seth Smith, Geovany Soto, Rickie Weeks and Chris Young.

On December 6, 2022, the Hall of Fame announced that retired sportswriter John Lowe won the award.

[14] Lowe, who wrote for The Philadelphia Inquirer and Detroit Free Press, invented the quality start statistic in 1985.