A little of basketball history was made yesterday. The original rulebook for basketball was sold at an for $4.3 million. This is a record for any of sports memorabilia or history. The document outlined the rules of basketball in 1891. It was written by Dr. James Naismith, a Canadian. He up the sport’s first 13 rules on two pages and them both. The buyers were David and Suzanne Booth, two basketball fans from Kansas, USA. The document was sold by Ian Naismith, 71, the of Dr. James Naismith. He told reporters: "After , about $3.8 million will go into the Naismith International Basketball Foundation.” He was clearly very of what his grandfather achieved, saying: “We gave the game to the world".
James Naismith originally wrote the rules to a new winter sport for boys at a school in Massachusetts, where he was a education teacher. He had a two-week to think of a new sport. He was more than a little surprised at how quickly his sport off. He lived to see it introduced at the 1936 Olympics. His grandson how jaded he had become at the game’s commercialization. He told reporters:"I’m of all the lying…The game is about integrity, sportsmanship…The game now is being by money. Nobody ever has enough.” He on current salaries in the sport, with “coaches making $5 million a year”. The 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.