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 made the leap from idea in James Naismith's head to the international stage in a remarkably short period of time. Dr. Naismith first published the rules of the game he called Basket Ball in January 1892. By 1904, the game was a demonstration sport at the Olympic Games in St. Louis.