Watch: Tim McGraw Shares Unforgettable Moments From His HoF Induction With Wife, Daughters

Tim McGraw shared a look at his Country Music Hall of Fame induction night.

McGraw, 59, became a member of the Hall of Fame alongside Paul Overstreet and The Stanley Brothers. They were formally inducted during a star-studded Medallion Ceremony that took place on Sunday evening (October 18) in the CMA Theater at the Hall of Fame in Nashville, Tennessee. Parker McCollum, Lady A and Lainey Wilson paid tribute to McGraw with renditions of some of his biggest hits ("Don't Take the Girl," "Live Like You Were Dying " and "Just to See You Smile," respectively). Alabama's Randy Owen introduced "the one and the only, my brother, the great Tim McGraw," to the stage, and presented him with his medallion. He wrote in a caption on Instagram as he shared a glimpse of the ceremony:

"There are not enough words in my vocabulary to express the emotions during the HOF ceremony last night. The first word that comes to mind is gratitude. I am so grateful for country music and what it has given me in my life. Everything good in my life has come from this music we all love. I am so incredibly proud of my family, my team and my friends old and new who were on hand to celebrate the incredible experience of last night. And to top it off to have Randy Owen of Alabama to be the one to induct me and put the medallion around my neck. To hear Parker McCollum, Lady A and Lainey Wilson sing my songs, I am forever thankful to them. And most importantly, to you guys, the fans. Without ya'll, it wouldn't even exist. So much to say. So many thank yous, so many I love yous, that I owe so many folks. I am so incredibly fortunate."

McGraw fought tears as he delivered heartfelt remarks during the ceremony. In the clip he shared on Instagram on Monday (October 19), McGraw reflected on his early years in Nashville, lessons he'd learned, how late legend Keith Whitley inspired him, and more. He also spotlighted his wife, fellow country superstar Faith Hill, their three daughters (Gracie McGraw, 29, Maggie McGraw, 28, and Audrey McGraw, 24), his mother, his sisters and many others.

"You know the story. You know our story. But what you don't know is she is the most loving, compassionate, best person I know," McGraw said of Hill. "She's so solid, and I am more solid because of her. She is just the most beautiful person I know inside and out. And she is for many, many reasons why I'm standing here. Faith, I love you. And the only thing that can beat this night is when you're standing here, and I'm sitting there [supporting her on her Hall of Fame induction night].

"Gracie, Maggie and Audrey, my three girls. My heart," he continued. "You are the best thing we've ever made. Nothing in our careers even comes close. And I realize the gifts that come with having famous parents, and I also realize the price. You've paid it with grace, and you've grown into women that I am more proud of than any award or No. 1 single that I could ever have. I love you girls so much."