The International Entertainment Buyers Association (IEBA) have announced their 2014 Hall of Fame inductees and honorees.

Among those set to be honored at the IEBA's annual conference on Sept. 30 are the Doobie Brothers, along with their longtime manager Bruce Cohn.

The Doobie Brothers began making music in 1970, the same year that IEBA was founded. The iconic band has sold more than 48 million albums and won four Grammy Awards in the 40 years since.

“The IEBA Hall of Fame induction is an honor in itself,” Cohn says. “I can’t tell you how much more it means to be inducted simultaneously with the band. We have accomplished so much together and will continue to achieve even more in the future. We have a brotherhood that I am proud of, and -- even after 44 years together -- I think some of the most exciting times are just around the corner.”

Sony Music is set to release a Doobie Brothers tribute album later this year. The album will feature the band playing their hits with some of country music's biggest names, including Brad PaisleyToby Keith and the Zac Brown Band.

Other 2014 inductees honorees include event producers Bob and Peggy Kaltenback and manager and agent Jim Halsey, whose client list has included Tammy Wynette, Merle Haggard, Waylon Jennings, the Oak Ridge Boys and Roy Clark.