The victor of the 2018 Ballon d'Or will be announced at a ceremony in Paris on Monday.
Among all the awards the victor of the women's Ballon d'Or was also announced, and Ada Hegerberg took the accolade after her performances for Lyon and Norway saw the former clinch the Champions League title.
For the first time since the hazy days of 2007, neither Cristiano Ronaldo or Lionel Messi have got their mitts on the coveted Ballon d'Or, according to leaked reports.
Messi, Antoine Griezmann and Mohamed Salah are among the other top candidates for the award. Even when one of the two didn't claim the award during that period, the other finished second in the voting nine times out of 10 - the lone exception came in 2010 when Andres Iniesta was the runner-up.
Karim Benzema is perhaps a surprising name to be in fourth position in the charts - 12 strikes behind Raul - but the French striker failed to add to his tally in Real's 2-0 win over Roma on Tuesday.
Modric has had a tremendous year for both club and country as he won the UEFA Champions League for a record third straight season with Real Madrid before going on to finish runners-up in the FIFA World Cup with Croatia.
Those also in contention for the award included World Cup winners Antoine Griezmann, N'Golo Kante, Hugo Lloris, Kylian Mbappe, Paul Pogba and Raphael Varane, but it was the pint-sized pivot who capped off a memorable year by scooping the award.
This is third major individual award for Modric in 2018.
It was his performances in the tournament in Russian Federation which began to swing the balance, as he won a variety of individual awards including UEFA's Best Player in Europe and FIFA's The Best in October, as well as the Golden Ball for the best player last summer in Russian Federation.
This year marked a new era for the Ballon d'Or, as France Football handed out the inaugural women's honour.
Ronaldo - who has scored over 500 career goals - has made no secret of his desire to win the Ballon d'Or again.