The former world heavyweight boxing champion will be inducted alongside Edge, The Four Horsemen, Mil Mascaras and others at the 2012 WWE Hall of Fame Ceremony on Saturday, March 31 at the AmericanAirlines Arena in Miami.

Tyson said: "I am honoured to be inducted into the WWE Hall of Fame. I was the youngest heavyweight champion of all time, but the most fun I ever had in the ring was with WWE."

Tyson has a long history with WWE. In 1998, after a face-to-face confrontation with WWE Hall of Famer Stone Cold Steve Austin on Monday Night Raw, Tyson was named special enforcer for the main event at WrestleMania XIV between Austin and Shawn Michaels.

In that match, Tyson declared Austin the winner, and delivered a knockout punch to Michaels.

In 2011, Tyson made his WWE return when he guest starred on Monday Night Raw, teaming with Chris Jericho against Shawn Michaels and Triple H.

Tyson joins comedian Drew Carey and notable sports figures Bob Eucker, William "The Refrigerator" Perry and Pete Rose in the WWE Hall of Fame.