The stars are judged on their displays in all competitions, at domestic, continental and global level.
Meanwhile, UEFA will name the victor of this award on Thursday, August 30. Modric, who has been winning hearts at Bernabeu with his top-notch performances also stands tall as the runner-up at FIFA World Cup and the best player of the megaevent as well.
Croatia star, Modric played in the 2018 World Cup having defeated by France.
In 2012, Andres Iniesta won the prize weeks after helping Spain to a second straight European title although Barcelona was eliminated in the Champions League semifinals.
The vote does not always reward a Champions League victor.
Ronaldo, now with Juventus, has won the UEFA award each time Madrid has been European champion since the vote was introduced in 2011.
What all eye-balls have been waiting for is actually out, yes, of course, we are talking about the much-hyped nominations for this years UEFA Men's Player of the Year Award.