First things first: Dave Meltzer doesn’t decide who gets inducted and hasn’t since the first class in 1996. It’s voted by wrestlers (today and old), reporters, and well reputed historians
Secondly: the voting criteria includes "historical significance, ability to attract viewers, and wrestling ability. Inductees must have at least 15 years of experience in the wrestling business or be over 35 years old and have 10 years of experience.
To gain membership in the hall, potential inductees must receive 60% support on the ballots from their geographic region. Any person that gets less than 10% of the vote is eliminated from the ballot. If a person fails to get inducted 15 years after being put on the ballot, they must get 50% of the vote or be eliminated."
Essentially, you might have at least two out of the three to be inducted by the majority of the voters. Or be extremely overwhelming in one.
Here is the official ballot now released courtesy of @WONHOFTracker on X:
HISTORICAL PERFORMERS ERA CANDIDATES
Ole Anderson
Afa & Sika Anoa’i
Bob Armstrong
Tully Blanchard & Arn Anderson w/J.J. Dillon
British Bulldogs (Dynamite Kid & Davey Boy Smith)
June Byers
Wild Bull Curry
Junkyard Dog
Cowboy Bob Ellis
Pampero Firpo
Black Gordman & Great Goliath
Archie “Mongolian Stomper” Gouldie
Hart Foundation (Bret Hart & Jim Neidhart)
Sputnik Monroe
Dusty Rhodes & Dick Murdoch
Johnny Rougeau
Iron Sheik
Ricky Steamboat & Jay Youngblood
Mad Dog & Butcher Vachon
Kevin & Kerry & David Von Erich
MODERN PERFORMERS IN U.S/CANADA CANDIDATES
Asuka/Kana
Mark & Jay Briscoe
The Young Bucks
Edge
Bill Goldberg
Samoa Joe
Matt & Jeff Hardy
Becky Lynch
Jon Moxley
Kevin Nash & Scott Hall
Paul Orndorff
Randy Orton
Kevin Owens
C.M. Punk
Roman Reigns
Cody Rhodes
Trish Stratus
Rick & Scott Steiner
Jimmy & Jey Uso
Sid Vicious
Bray Wyatt
Sami Zayn
JAPAN CANDIDATES
Cima
Satoshi Kojima & Hiroyoshi Tenzan
Yoshiaki Fujiwara
Hayabusa
Antonio Inoki & Seiji Sakaguchi
Kento Miyahara
Zack Sabre Jr.
Meiko Satomura
Tiger Jeet Singh
Shingo Takagi
Yoshihiro Takayama
Manami Toyota & Toshiyo Yamada
MEXICO CANDIDATES
Angel Blanco & Dr. Wagner
Sangre Chicana
Psycho Clown
El Dandy
Los Hermanos Dinamita (Cien Caras & Mascara Ano 2000 & Universo 2000)
Dorrell Dixon
Gran Hamada
El Hijo del Santo & Octagon
La Parka AAA
Huracan Ramirez
Mascarita Sagrada
Volador Jr.
EUROPE/AUSTRALIA/NEW ZEALAND/PACIFIC ISLANDS/AFRICA
Spyros Arion
Dominic DeNucci
George Gordienko
Billy Joyce
Killer Karl Kox
The Royal Brothers (Bert Royal & Vic Faulkner)
Johnny Saint
Adrian Street
Jose Tarres
Otto Wanz
NON-WRESTLERS
Dave Brown (U.S. & Canada modern)
Zane Bresloff (U.S.& Canada modern)
Bobby Bruns (Japan)
Bob Caudle (U.S. & Canada historical)
Bobby Davis (U.S. & Canada historical)
Joe Higuchi (Japan)
Jim Johnston (U.S. & Canada modern)
Larry Matysik (U.S.& Canada historical)
James Melby (U.S. & Canada historical)
Rossy Ogawa (Japan)
Reggie Parks (U.S. & Canada modern)
Morris Sigel (U.S. & Canada historical)
Tony Schiavone (U.S. & Canada modern)
George Scott (U.S. & Canada historical)
Kevin Sullivan (U.S. & Canada historical)
Mike Tenay (U.S. & Canada modern)
Ted Turner (U.S. & Canada modern)
Roy Welch (U.S. & Canada historical)
Stanley Weston (U.S. & Canada historical)
Grand Wizard (U.S & Canada historical)
Koichi Yoshizawa (Japan)