History for sale
Naismith family wants $10 million for basketball rules
Posted: Wednesday December 21, 2005
KANSAS CITY, Mo. (AP) -- The original rules of basketball, as drafted by the man who invented the game in 1891, are being put up for sale by his family.
The asking price is $10 million, or less under the right circumstances, according to Ian Naismith, grandson of the Dr. James Naismith, who came up with the idea for the game while he was a physical education instructor at a YMCA training school in Springfield, Mass.
After Naismith's death in 1939, the rules ended up in the possession of his youngest son, Jimmy -- Ian's father -- who lived in Corpus Christi, Texas. He kept them in the dining room and told his children never to tell anyone where they were.
"I remember when I was 7 or 8, Dad kept them in a secret drawer," Ian Naismith told The Kansas City Star for a story Wednesday. "I wasn't sure what it was, but I knew it was something special."
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