In 1995, Driesell was inducted into the Virginia Sports Hall of Fame. On April 2, 2007, Driesell was inducted as a member of the second class of the National Collegiate Basketball Hall of Fame. The University of Maryland Athletic Hall of Fame inducted Driesell in 2002. On August 13, 2008, he was inducted as a member of the inaugural class of the Hampton Roads Sports Hall of Fame, which honors athletes, coaches, and administrators who made contributions to sports in southeastern Virginia. On May 25, 2011, Driesell was inducted into the Southern Conference Hall of Fame.