The MLB's all-time hits leader and former Cincinnati Reds legend Pete Rose was denied reinstatement when Commissioner Rob Manfred officially made his ruling earlier this offseason. But Rose won't be completely neglected by the baseball world.

Rose will be inducted into the Reds Hall of Fame and his number will be retired during the 2016 season, the team announced on Tuesday. The team's Hall of Fame Induction Weekend will take place from June 24-26.

Rose has been banned from baseball since 1989 for gambling during his time in the MLB as a player and manager. The National Baseball Hall of Fame has also banned him from induction even though its not associated with the MLB.

The Reds have the autonomy to include Rose in team events, and the organization's Hall of Fame Board of Directors made the decision to induct Rose in late June.

"Inducting Pete into the Reds Hall of Fame and retiring his iconic number 14 will be a defining moment in the 147-year history of this storied franchise," said Reds President and CEO Bob Castellini in a team press release. "He is one of the greatest players to ever wear a Reds uniform and it will be an unforgettable experience watching him being honored as such."

Rose is the MLB's all-time leader in hits (4,256), games played (3,562), plate appearances (15,890) and at-bats (14,053) after spending 24 seasons with the Cincinnati Reds, Philadelphia Phillies and Montreal Expos. He owns a lifetime stat line of .303/.375/.409.

The former MVP and Rookie of the Year may not ever be reinstated, but he'll at least be formally remembered by the team he spent most of his illustrious career with.

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