JoMal, that is awful and mean-spirited.
Besides, it's for the fans, a chance to honor the best of the best in the game they love. It's good for the players, since many of them end up playing on teams that have no chance to win anything, and this gives them something to shoot for.
It incentivises good play, as do the statistics. It's one thing to think you're the best, it's another to prove it through established metrics.
This should be one of the "feel good" moments in basketball, a celebration of the game, the history, the players and the fans, who get to choose which ones deserve to go.
I don't ever want to see anyone hurt playing basketball.