The Hall was established in 2006 and the first class was inducted in 2007, with new inductees announced in December and added in February.

The Alaska Sports Hall of Fame inducted its first class of five people, two moments, and one event in 2007, a group including dog mushers Susan Butcher and George Attla, Olympic medalists Tommy Moe and Kristen Thorsness, and National Hockey League Calder Memorial Trophy winner Scott Gomez.

New members, events, and moments are nominated and voted upon by the public each fall, with the results determining which nominees reach the selection panel ballot.

[3] The Class of 2020 inductees, two people (Marcie Trent and Matt Carle), one event (Yukon 800), and one moment (University of Alaska Anchorage Upset of Boston College in the 1991 NCAA Hockey Tournament), had their induction ceremony postponed until April 2022 due to the COVID-19 pandemic.

[4] The current members, events, and moments of the Alaska Sports Hall of Fame are listed below.