Williams was inducted into the Baseball Hall of Fame on July 25, 1966. In his induction speech, Williams included a statement calling for the recognition of the great Negro Leagues players: “I’ve been a very lucky guy to have worn a baseball uniform, and I hope some day the names of Satchel Paige and Josh Gibson in some way can be added as a symbol of the great Negro players who are not here only because they weren’t given a chance.” Williams was referring to two of the most famous names in the Negro Leagues, who were not given the opportunity to play in the Major Leagues before Jackie Robinson broke the color barrier in 1947. Gibson died early in 1947 and thus never played in the majors; and Paige’s brief major league stint came long past his prime as a player. This powerful and unprecedented statement from the Hall of Fame podium was “a first crack in the door that ultimately would open and include Paige and Gibson and other Negro League stars in the shrine.” Paige was the first inducted in 1971. Gibson and others followed, starting in 1972 and continued on and off into the 21st century.

On November 18, 1991, President George H. W. Bush presented Williams with the Presidential Medal of Freedom, the highest civilian award in the US.

The Tampa Bay Rays home field, Tropicana Field, installed the Ted Williams Museum (formerly in Hernando, Florida, 1994–2006) behind the left field fence. From the Tampa Bay Rays website: “The Ted Williams Museum and Hitters Hall of Fame brings a special element to the Tropicana Field. Fans can view an array of different artifacts and pictures of the ‘Greatest hitter that ever lived.’ These memorable displays range from Ted Williams’s days in the military through his professional playing career. This museum is dedicated to some of the greatest players to ever ‘lace ’em up,’ including Willie Mays, Joe DiMaggio, Mickey Mantle, Roger Maris.”