Tomas Jonsson, Mats Näslund and Håkan Loob became the first members on 27 February 1994 when Sweden won the gold medal at the 1994 Winter Olympics. The term first entered popular use following the 2002 Winter Olympics, which saw the addition of the first Canadian members. On 8 May 2007, the IIHF announced it would formalize the club and recognize the players who had won the three championships. The ceremony was to take place in Canada during the 2008 World Championship but it was later changed to occur during the inaugural Victoria Cup, in September 2008. Ultimately, the induction ceremony was held, with all 22 members at the time present, at the 2010 Winter Olympics in Vancouver, on 22 February 2010.