Joining Lee in the induction, part of the school's sesquicentennial (150 years) celebration, will be former varsity baseball coach Francis Funai and former varsity basketball coach Walter Wong.
"I don't deserve to be in that company," said Lee.
Lee has led St. Louis to 10 consecutive Interscholastic League of Honolulu and Prep Bowl titles and 11 since 1983. He has led the Crusaders to the Prep Bowl 12 times.
Without Lee's wins, the ILH would have only two Prep Bowl victories.
His story at St. Louis is one straight from the rags-to-riches genre.
In 1973, after a disappointing season with the triple option as a 25-year-old head coach, he was fired and replaced by Ron Marciel. Marciel was the popular choice of the St. Louis alumni to take Lee's place because he had led the Crusaders to three ILH titles (1966, 1967, 1971). But he never won a Prep Bowl after replacing Lee.
Lee was hired back as head coach in December 1981. In 1983, he coached St. Louis to an undefeated season and the ILH and Prep Bowl championships.
In 1986, he began his current streak of 10 Prep Bowl championships.
Tickets for the event cost $75 per person. A no-host cocktail reception will be held at 6 p.m.
For more information, contact St. Louis School at 739-7777.
The Crusaders are currently ranked No. 18 in the nation by both the USA Today and National Prep Football Poll, compiled by Doug Huff of the Wheeling (W.Va.) Intelligencer.
Dwight Toyama, HHSAA executive director, said First Hawaiian has made a verbal commitment to the tournament, which could draw a degree of national attention.
That's because Erin Stovall, considered by USA Today to be one of the nation's top prep guards, has transferred to Iolani, the two-time defending state champion.
Stovall has more than 20 scholarship offers and is also a Division I prospect in track and field.
Meanwhile, Bank of Hawaii, which threw in with the HHSAA last week but had yet to choose a tournament to sponsor, has now selected softball.
Other sponsors signed on are Nissan Motor Corp. (volleyball), the Wally Yonamine Foundation (baseball) and Hawaiian Airlines (boys' basketball, bowling).
In the boys' standings, Punahou and Kamehameha also are tied with 5-0 records.
In OIA girls' standings, Pearl City and Waianae (5-0) lead the West while Farrington, McKinley and Roosevelt (3-0) lead the East. In OIA boys' play, Pearl City and Waianae (5-0) top the West while Kahuku (3-0) tops the East.