A historic document that details the original rules of basketball, written 119 years ago as a winter sport for boys of a Massachusetts YMCA, was sold for more than $4 million on Friday to raise money for charity.
James Naismith wrote the 13 rules nearly 119 years ago. The physical education instructor invented basketball as a winter activity for a YMCA in Springfield, Mass.
Sotheby’s is offering the Naismith Rules on Friday afternoon as part of a sale of historic documents. The presale estimate is $2 million.