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 invented in December 1891 by Canadian James W. Naismith. An instructor at the YMCA Training School in Massachusetts, he sought a suitable indoor game to keep his students fit and warm during the cold New England winters. He formulated 13 rules, most of which still apply today.