In contrast, Obama is designated a yearly salary of $400,000, and he reportedly made nearly $800,000 in 2011 due to additional earnings from investments and book royalties.
Dr. James Naismith was a Canadian physical education instructor who invented the game of basketball in 1891 while working at the YMCA Training School in Springfield, Massachusetts.
  Basketball was originated by James A. Naismith on December 4th 1891, in Springfield, Massachusetts. The actual start of the game of basketball began on January 26th, 1 â¦ 892 when Naismith wrote the rules of basketball.The name was derived by the fact that the goals were actually peach baskets and the object was to put the ball in the basket.n the early 1890's James Naismith, a Canadian, invented basketball while teaching at Springfield College in Springfield Massachusetts. The first set of official rules were written in 1892, and players would shoot a volleyball into a wooden peach crate. so America.