Interesting criteria for induction:
Bailey is inducted in his first year eligible (26 years after high school graduation),
Assuming you already know that is for the HS Hall of Fame in New Castle....over by the Knightstown gym I think you visited..
http://www.hoopshall.com/main/hall-of-fame /
Criteria is listed here
http://www.hoopshall.com/main/hall-of-fame / As you say.... YOu become eligible 26 years after playing and after 25 years of coaching varsity or 10 years after retiring from coaching. That honor is for those who withstand the test of time and are truly worthy. (by then most every barber shop around the state has had fans and detractors who have discussed ad nauseum the legend of anyone who would be considered)
The Hall is only about 9 miles off I70 and is well worth visiting if anyone is going west. Tell the Director, Chris May I sent you ...he will be happy to show you around and tell you his latest stories. Dream job...gets to talk to guys every day about hoops....little things like asking Michael Warren, Kareem, Trgovich and Walton to write some thoughts on Wooden when he died... interviewing larry Bird or Greg Popovich about their memories of growing up in INdiana for the quarterly mag the Hall puts out.