The prize is awarded to the most valuable player in the 32-team tournament. The decision will be announced on Monday.
The captain of the Czech national team and 2003 European Footballer of the Year topped a poll of local sports journalists.
This is the first Golden Ball to go for auction and while the value is still to be confirmed, the auction house expects it to fetch millions on June 6.
The World Cup's leading scorers, Wesley Sneijder of the Netherlands and Spain's David Villa, with five goals each, are among ten footballers shortlisted for the 2010 FIFA World Cup adidas Golden Ball.
From goal-scoring prowess to outstanding goalkeeping, the awards highlighted the remarkable talent and sportsmanship displayed on the grandest stage of women's football.
"The people who have seen Pele, Alfredo Di Stefano or Diego Maradona. The opinions are sentimental, but the other side, if he (Messi) wouldn't have won the World Cup, the opinion and my opinion wouldn't change."
Here are the list of awards handed out after the FIFA World Cup
Modric beats Djokovic to win Balkan athlete of year
Germany have four players and Argentina three in the 10-man FIFA shortlist for the adidas Golden Ball, which is awarded to the World Cup's most outstanding performer.
Brazilian striker Neymar was named as the best player of the Confederations Cup after his fourth goal of the tournament helped Brazil seal a 3-0 win over world champions Spain in the final at the Maracana Stadium on Sunday.
Inter Milan playmaker Wesley Sneijder and Atletico Madrid striker Diego Forlan can strengthen their cases to be World Player of the Year with more stellar performances in Friday's European Super Cup.
Why doesn't the world of football talk enough about Diego Forlan? For Worldcupsid, Forlan is the player of the tournament or the winner of the Golden Ball award for the 2010 FIFA World Cup.
FIFA president Sepp Blatter hinted that the head-butt on Italy's Marco Materazzi in the World Cup final might cost the France captain the best player's award.
The 24-year-old striker was awarded the Swedish Golden Ball award for 2005.
Petr Cech won the Golden Ball award as the Czech Republic's player of the season
Lionel Messi celebrated his sixth Ballon D'Or award with a brilliant hat-trick as Barcelona moved back top of La Liga with an emphatic 5-2 victory over Real Mallorca.
Clint Dempsey of the United States took the tournament's Golden Boot Award
Rediff.com's Norma Godinho captures classic moments from the planet's greatest sports competition: The FIFA World Cup.
"Since 2008 we have never gone beyond this first knockout game and it was very important for us to get that monkey off our back," Modric said.
Brazilian striker Neymar was named as the best player of the Confederations Cup after he helped Brazil seal a 3-0 win over world champions Spain in the final on Sunday, then said he would need minor throat surgery before his move to Barcelona.
Factbox on Barcelona and Argentina forward Lionel Messi, who became his country's all-time top goalscorer on Tuesday when he scored his 55th international goal.
As the mercurial Messi rings in his 28th birthday, Rediff.com brings you all the exciting moments from the ace footballer's life.
A factbox on Barcelona and Argentina forward Lionel Messi
Argentina's star player Lionel Messi on Monday announced his retirement from international football after missing a penalty in the team's 2-4 defeat against Chile in the Copa America Centenario final at MetLife Stadium in New Jersey. Following Messi's retirement from international football, Rediff.com lists the highs and lows from the player's Argentina career...
As the curtain comes down on 2014, here's a look at the five best performances over the last 12 months. And, guess what? Two Indian sportsmen figure in the list!