Reynolds was named as one of the ten former players that began their careers before 1943 to be considered by the Hall of Fame's Veterans Committee for induction into the National Baseball Hall of Fame in 2009. He received eight votes, one shy of the nine votes required for election. Reynolds was on the new Golden Era Committee ballot in 2011 for 2012, (replaced the Veterans Committee) receiving fewer than three votes (12 votes are required for election to the Hall of Fame). The Committee meets and votes every three years on ten candidates selected from the 1947 to 1972 era. He was not a candidate in 2014 (none were elected by the committee).