I know people on both sides like to debate about too many / too few players but I think the Baseball Hall of Fame gets it right. Approximately 212 players (excluding Negro Leaguers) in Hall of Fame vs. approximately 18,000 players who have played MLB, or 1.2% of all players. To me, that is not "letting the floodgates open". At the same time, it is elite enough where every year very few players get in (unlike NFL / NBA/ NHL Halls of Fame) and there are some very good players excluded.
That being said, I will go to my grave believing Keith Hernandez is a Hall of Famer.
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