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Shvoong Home>Society & News>Culture>Original Basketball Rules Sell for Record Summary

Original Basketball Rules Sell for Record

Article Summary   by:muransuo    
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A little piece of basketball history was made yesterday. The original rulebook for basketball was sold at an auction for $4.3 million. This is a record for any kind of sports memorabilia or history. The historic document outlined the rules of basketball in 1891. It was written by Dr. James Naismith, a Canadian. He drew up the sport’s first 13 rules on two pages and signed them both. The buyers were David and Suzanne Booth, two avid basketball fans from Kansas, USA. The document was sold by Ian Naismith, 71, the grandson of Dr. James Naismith. He told reporters: “After expenses, about $3.8 million will go into the Naismith International Basketball Foundation.” He was clearly very proud of what his grandfather achieved, saying: “We gave the game to the world.” James Naismith originally wrote the rules to create a new winter sport for boys at a school in Massachusetts, where he was a physical education teacher. He had a two-week deadline to think of a new sport. He was more than a little surprised at how quickly his sport took off. He lived to see it introduced at the 1936 Olympics. His grandson expressed how jaded he had become at the game’s commercialization. He told reporters: “I’m tired of all the lying…The game is about integrity, sportsmanship…The game now is being hurt by money. Nobody ever has enough.” He frowned on current salaries in the sport, particularly with “coaches making $5 million a year”. The previous record for sports memorabilia was $3 million for the baseball hit by Mark McGwire when he broke the single-season home run record in 1998.
Published: January 14, 2011   
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