Hazard too made the 30-man shortlist in the midst of a superb run of form for his club.
And the 27-year-old thinks he deserves the award, but thinks Modric will get the nod.
I dont think Im going to win it, Hazard said ahead of Belgiums game against Switzerland.
In my opinion, Modric deserves it. There are three to four players. I would say (Raphael) Varane because he won a lot too. I could deserve it too, lets not lie.
But seriously I think that Modric will win it. It is going to be a reward for his wonderful season in the Champions League and the final of the World Cup.
Hazard and Modric may soon play together at club level with the former repeatedly linked with a switch to Madrid.
Real tried to sign Hazard during the summer, but had to back off when it became clear Chelsea would not sell both their star attacker and goalkeeper Thibaut Courtois to the La Liga side.
Hazard will not force his way out of Chelsea, but has made no secret of his desire to complete a dream move to Real.
The Belgium international also suggested that if he wanted to win the Ballon dOr, he might have to move to Spain.