The Russian centre and the former Toronto Maple Leaf and Edmonton Oilers sniper were elected to the Hockey Hall of Fame on Tuesday along with former linesman Ray Scapinello and builder Ed Chynoweth.
Many were surprised that Larionov was passed over after first becoming eligible last year. Anderson has waited since 1999 and had to watch as 23 players entered the Hall since he was first able to gain election.
``It's very emotional,'' said Anderson. ``This is right up there with one of the great things I've done in life.''
The induction ceremony will be held on Nov. 10.
Anderson and Larionov recently played in exhibition games together in Russia and Belarus and discussed the possibility of going into the Hockey Hall of Fame alongside one another. That wish will now come true.
Larionov had already won two Olympic gold medals and was considered one of the top players in the world when he joined the Vancouver Canucks in 1989 at the age of 29. He was among the first wave of Soviet players to come to North America.
During 14 seasons the NHL, he won three Stanley Cups with Detroit and had 644 points (169-475) in 921 games with the Canucks, Red Wings, Sharks, Panthers and Devils.
After finding out he'd been elected to the Hall, his thoughts turned to his mother who died last month.
``It's a big, big honour,'' said Larionov.
Anderson won six Stanley Cups during his career and is fifth all-time with 93 career playoff goals. He was a key part of the Oilers dynasty and follows former Edmonton teammates Wayne Gretzky, Mark Messier, Grant Fuhr and Jari Kurri into the Hall.
In 1,129 NHL games with the Oilers, Leafs, Rangers and Blues, he had 498 goals and 1,099 points.
Scapinello began his career as an NHL linesman in 1971 and retired 33 years later. In the meantime, he worked almost 3,000 career games _ 2,508 in the regular season, 426 in playoffs and never missed an assignment.
``When I started in this business my mindset was to keep working so I never could have imagined this,'' said Scapinello. ``I am very appreciative that former referee-in-chief Scotty Morrison took a chance and gave me the opportunity to have so many enjoyable years in the NHL.''
Chynoweth was a longtime president of the Western Hockey League and helped found the Canadian Hockey League in 1973. He also served as president of the CHL before stepping down from both positions in 1995 to purchase the expansion Kootenay Ice.
Chynoweth died in April at the age of 66 after a battle with cancer.