In 1992, Mathers was inducted into the builders category of the Hockey Hall of Fame. In 1994, Mathers was named an honorary life member of the AHL's Board of Governors and was the namesake of a league-wide trophy.
Mathers was recognized in 1992 for his contributions to hockey by being inducted into the builders category of the Hockey Hall of Fame. In 1994, he received an honorary life membership on the AHL's Board of Governors and a league-wide trophy named after him.