Ray Stevens will be going into the WWE Hall of Fame this year. WWE is working on a video package to air when they make the announcement.
Stevens is not a surprise since his name was discussed months ago and the news was first mentioned several months ago in the Wrestling Observer newsletter. It makes sense since Stevens was a big name in that area. Pat Patterson will likely be the person to induct him.
As noted before, there has been talk that Kevin Nash could go in this year as well.