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: How it Began-Facts and Information About the Game. A game that started with eighteen men in a YMCA gymnasium in Springfield, Massachusetts, has grown into a game that more than 300 million people play worldwide. The man who created this instantly successful sport was Dr. James Naismith.