They have offered a spot for Bob but he doesn't want it (yet). Reason being is Bob thinks he has "one more run" and thinks the Hall Of Fame would only be appropriate if he was done for good. So he'll be in one day, it's up to him when. This was confirmed on one of the Legends Roundtables on 24/7.
From wwe.com: Cryme Tyme debuts on RAW September 4, 2006 Monday night on RAW, Cryme Tyme was introduced to the RAW audience. In an effort to humor and entertain our fans, the tag team known as Cryme Tyme will be parodying racial stereotypes.