There was never any doubt that one of the all-time greats would be inducted into the Australian Football Hall of Fame this year, as his last match was in round 12, 2002 - the required three years retired from the game.
The St Kilda and Sydney great said it was an "honour" to receive this recognition, in a career that yielded 1360 goals from 281 matches.
"I'd like to thank the St Kilda Football Club and the Sydney Swans Football Club for the opportunity to play football with them," Lockett said.
"The clubs gave me the opportunity to play alongside some of the best footballers who have ever gone around.
"It's an honour to be inducted into the Hall of Fame and I'm very privileged. Thank you."
The feats of Lockett are legendary. Many regard him as the greatest player of all-time and the fact that he holds the record for the most goals in VFL/AFL adds significant weight to this argument.
Lockett made his debut with St Kilda as a 17-year-old in 1983. In just his second season, he booted 77 goals for the Saints. He then led St Kilda's goalkicking every year until the end of 1994, except in 1988, when he was sidelined with a broken ankle, while he claimed two Coleman Medals in 1987 and 1991.
From 1983-94, he played 183 matches and kicked 898 goals for the Saints and during that time, he became the first full-forward to win the Brownlow Medal in 1987, while he won St Kilda's best-and-fairest award in 1987 and 1991.
In 1992, he booted 132 goals for the season - his best effort in an individual season.
Lockett moved to Sydney at the end of the 1994 season and from 1995-99, he continued his goalkicking exploits, topping the club's goal tally every season during that period. He also won two more Coleman Medals in 1996 and 1998.
Also in his first season, Lockett won the Swans' best-and-fairest award, while he also starred for Victoria in State-of-Origin in 1995, winning the E.J.Whitten Medal.
In 1996, he played in his one and only grand final for Sydney and despite the Swans' loss, he still booted six goals in a losing performance.
He kicked 459 goals from 95 matches and broke Gordon Coventry's record of 1299 goals - and the game's all-time goalkicking record - in 1999.
After two years out of the game, Lockett made a comeback in 2002. He added three matches and three goals, after a thigh injury ruined his return.
Throughout his career he was named All-Australian on six occasions in 1987, 1991-92, 1995-96 and 1998, while he has the distinction of being named in both the St Kilda and Sydney Team of the Century teams at full-forward.
