As the country was changing, moving on from World War II and into the civil rights movement, the NBA was in lockstep. Who was the first team to win the NBA championship? After the introduction of the 3-point line, most teams assigned a taller defender to handle 2-guards, while using a shorter defender for 1-guards. NBA teams are notsold that frequently, but when they are, records break every time. Mapped: Asias Biggest Sources of Electricity by Country. WebThe latest ranking reported that the Golden State Warriors is the most valuable NBA franchise after the 202122 NBA season. In May 1948, the battle was won. Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. The gap between the league's most profitable teams and its weaker siblings will be addressed at the league's Board of Governors meeting on Sept. 27-28 in New York. The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. Our editors will review what youve submitted and determine whether to revise the article. "2019-20 NBA Player Contracts. Merchandise accounts for well over a billion dollars annually, and in the 2017-2018 season,for the first time in the NBA's history, teams wore advertisements on their jerseys. There are two competing ideas around the link between entrepreneurship and mental health conditions. National Basketball Association (NBA), professional basketball league formed in the United States in 1949 by the merger of two rival organizations, the National Basketball League (founded 1937) and the Basketball Association of NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. There has been a major commitment by players to spark change in recent years, from additional and almost unprecedented levels of support for historically Black colleges and universities, to LeBron James leading a voting rights and registration push that wound up playing a significant role in the 2020 presidential election. This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. With the coronavirus pandemic, teams were forced into playing in a bubble to prevent the spread of the virus. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. The results are clear, however: The NBA's Instagram almost doubles the number of @MLB and @NFL combined. The league's income rose from $10 million in 1947 or so to $40 million in 1957, when television started to become more widespread. Greg McFarlane is a financial writer and co-founder of ControlYourCash.com. The league lost $800 from ticket sales and $400 from sponsorships and merchandise. During the 2020/21 season, the NBA generated $1.46 billion in revenue from sponsorships. Omissions? Players, per the collective bargaining agreement are entitled to 51% of basketball related income, so about $3 billion are going to the players. The NBA's last opening week started late December 2020 because of the pandemic. It tends to lag behind some of the other revenue streams mentioned above. From the 2002/03 to 2007/08 season, the NBA was generating $766 million annually from national broadcasting rights. He ranks as the NBA's top free-throw shooter in playoff history, having made 82-of-86 thus far (.953). On October 13, 1967, the Oakland Oaks defeated the Anaheim Amigos in the debut game of the revolutionary American Basketball Association. Immediately, the YMCA identified basketballs alignment to its mission, to "strive for spiritual, intellectual and physical well-being of individuals and wholeness of communities and began to export the game beyond North America via missionaries. He is also the co-author of Control Your Cash: Making Money Make Sense. How Much Does Big Tech Make Every Minute? You can see them. The Nets struck a $30 million per year pact with New York-based brokerage platform Webull, the richest patch deal in the league. Tencent pays the NBA $1.5 billion for those rights. He'll immediately become a top defensive option for an NBA team.The questions are on the offensive end. It is through the efforts of sporting pioneers like Podoloff that the NBA has become an everyday part of the American sporting scene.. Visualized: The Largest Trading Partners of the U.S. Visualizing 90 Years of Stock and Bond Portfolio Performance, Visualizing the Link Between Unemployment and Recessions, Timeline: The Shocking Collapse of Silicon Valley Bank, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The U.S. Banks With the Most Uninsured Deposits, De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar, Charted: 30 Years of Central Bank Gold Demand. Like other major sports leagues, the NBA shares non-basketball related revenue between teams in order to address inequalities across different markets around the country. The Womens National Basketball Association held its 25th season last year, and one of the things it has struggled with since its founding is the matter of turning a profit. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level. The modern game of basketball is believed to have been invented by Dr. James Naismith in Springfield, Massachusetts, in 1891. But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. Its entirely possible that both these ideas are true. Extending a hand paid off almost immediately, leading to NBA careers for three players from the USSR roster, including Hall of Famer Arvydas Sabonis. According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. Of the last six NBA Drafts, four of the number one overall picks were born outside the U.S. Last year, foreigners claimed five All-Star spots, the Rookie of the Year and Defensive Player of the Year. Webwhen did the nba become profitable. By 1949, the NBA had turned a corner. So far, live sports have tended to remain safe from these changes, but that may not last forever. This is the largest increase in NBA debt over the last 4 years. ", Foxbusiness.com. NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Since 2017, the NBA allowed teams to have brand logos on their jerseys. The first official games outside of the U.S. took place at the Inter-Allied games in France, where only three teams competed. Its about fair play. 22 out of 30 NBA franchises faced the largest revenue drop over the last 20 seasons. By the end of the decade, however, financial problems caused by excessive player salaries had forced many small market teams out of the league, leading to the relocation of the San Antonio Spurs and the Washington Bullets. The deal added another $366 million of revenue for the league. In that three-team deal, Morey's former club, the Houston Rockets, received three first-round draft picks and four first-round pick swaps. In 2011, 22 of the 30 teams were losing money, and the average operating income per team sat at $6 million. However, basketball has continued to be popular since then and is now one of the most popular sports in the United States. The popularity of basketball started to decline after the early 1950s but was on the rise again from the mid-1980s until 1996, when the NBA suspended its season due to concerns about heart disease and cancer caused by the repetitive nature of the game. Maurice Podoloff charted the unknown for the NBA, the late David Stern, who was the NBA commissioner for 30 years, said when Podoloff died. These include white papers, government data, original reporting, and interviews with industry experts. The NBA became such a proven platform to reach Chinese consumers that during Yao Mings third year, Chinese Beer brand Yanjing Beer bought courtside advertising despite not even selling products in the U.S. The National Basketball Association (NBA) is a professional basketball league in the United States that was formed in 1949 by the merger of two rival organizations, the National Basketball League (founded in 1937) and the Basketball Association of America (founded in 1946). Some of the advertisers include General Electric, Walt Disney Company, and Rakuten, which is a Japanese e-commerce company. The league has a fan base that stretches to each corner of the globe and a reputation of being a leader when it comes to social issues. With this deal, the NBA increased its annual broadcasting revenue to $930 million per year. 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. For the 2016-2017 season, TNT and ESPN re-upped their contracts to an estimated $24 billion in total. In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. Some of the inaugural franchises only had inaugural seasons, folding after Year 1. The prevalence and co-occurrence of psychiatric conditions among entrepreneurs and their families. The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. How did the game of baseball spread to the Caribbean. While the NBA was founded in 1949, basketball has been popular in North American countries since the 1850s, with the game being introduced to the Olympics for the first time as a demonstration sport at the Olympic Games in While every effort has been made to follow citation style rules, there may be some discrepancies. What started as a part-time gig for Bohuny has evolved to an SVP title of the fully matured grown-up International Basketball Operations Department at the NBA. But it was way down from the six-game series between the Warriors and Toronto Raptors in 2019, which averaged 15.1 million viewers. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. The NBA has been expanding internationally for many years, and it has become a key revenue sourceespecially China. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. For one thing, not every team is equally valuable or profitable. This article was most recently revised and updated by, https://www.britannica.com/topic/National-Basketball-Association, Official Site of the National Basketball Association, National Basketball Association (NBA) - Student Encyclopedia (Ages 11 and up), NBA set for final day, and West race will go to the wire, NBA opens investigation into Dallas' move to sit players, East play-in field set, Embiid poised to win scoring title, Udonis Haslem, Heat reflect on rare 20-year NBA career, Former NBA guard Ben Gordon arrested on weapons charge. That's a problem if "generally 99%" of NBA fans "never step foot in an NBA arena," as the league said in the past. He ranks as the NBA's top free-throw shooter in playoff history, having made 82-of-86 thus far (.953). The largest drop in revenue occurred during the 2020/21 season, with a 19% yearly decrease. The associations utilization of social isnt restricted to just Americans. The NBA was founded after the other sports leagues (in 1946) and had to spend decades catching up to its entrenched counterparts in baseball and football. It was the first league to turn its all-star game into a three-day weekend loaded with events, the first to draw a significant portion of its revenues through merchandising. "Its certainly not by accident that were the No. But after Fremont played ball, other professionals followed suit and basketball became a popular activity for Americans of all ages and backgrounds. The Brooklyn Dodgers and New York Knicks are the only two franchises that have played more than one season since the NBA's inception in 1946. Maurice Podoloff, a hockey executive who was the BAAs first president and ultimately the first NBA commissioner, was tasked with saving the league and winning a battle with the rival National Basketball League for players and attention. Earlier this month, the league and NBA players union agreed that unvaccinated players who miss games in because of local Covid regulations would lose a proportional portion of their salary for each game. In 1998, the NBA signed a 4-year, $2.64 billion deal with NBC and Turner for broadcasting rights from 1998/99 to 2001/02 season. From the 2002/03 to 2007/08 season, the NBA was generating $766 million annually from national broadcasting rights. Investopedia requires writers to use primary sources to support their work. The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. It's estimated that China generates $500 million dollars in revenue annually. Our guide page will help you get specific information about each type and its effect on your feet and performance. The number of players in the NBA increased from six to twelve, which reduced ticket sales and broadcast rights fees; at the same time, rising player salaries began to eat into corporate sponsorship deals and other ancillary revenues. The NBA watched the NFL capture an eleven-year deal worth more than $100 billion deal last summer. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. This is a 97% decrease compared to the 2019/20 season, and the second season in a row with a drop in ticket revenue since the lockout-shortened 2011/12 season. has raised $75 million from more than two dozen investors in a bid to revamp its business model as players call for expansion, higher salaries and better benefits. Where was the American Football League in 1934? Last year, the Cleveland Cavaliers lost money on an operating basis and declined by about 4% in value to $1.28 billion, per Forbes. This was it. Today, the 30 NBA franchises are worth at least $100 billion combined, possibly much more than that. When asked by CNBC on Monday if NBA games would return on CCTV this season, Silver said: "It's unclear whether we'll be back on CCTV this year. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. In North America, the NBA flourishes but does not dominate. Defining Moment #1: Dr. James & YMCA Missionaries, 1891: Springfield, Massachusetts, Canadian-born James Naismith (we tend to skip over the fact the creator of basketball wasnt born in the U.S.) invented basketball while a gym teacher at YMCA International Training School as a way to preoccupy students forced indoors by the snow. 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As the country was changing, moving on from World War II and into the civil rights movement, the NBA was in lockstep. Who was the first team to win the NBA championship? After the introduction of the 3-point line, most teams assigned a taller defender to handle 2-guards, while using a shorter defender for 1-guards. NBA teams are notsold that frequently, but when they are, records break every time. Mapped: Asias Biggest Sources of Electricity by Country. WebThe latest ranking reported that the Golden State Warriors is the most valuable NBA franchise after the 202122 NBA season. In May 1948, the battle was won. Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. The gap between the league's most profitable teams and its weaker siblings will be addressed at the league's Board of Governors meeting on Sept. 27-28 in New York. The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. Our editors will review what youve submitted and determine whether to revise the article. "2019-20 NBA Player Contracts. Merchandise accounts for well over a billion dollars annually, and in the 2017-2018 season,for the first time in the NBA's history, teams wore advertisements on their jerseys. There are two competing ideas around the link between entrepreneurship and mental health conditions. National Basketball Association (NBA), professional basketball league formed in the United States in 1949 by the merger of two rival organizations, the National Basketball League (founded 1937) and the Basketball Association of NBA revenue slipped from $8.8 billion in 2018-19 to $8.3 billion for the 2019-20 season. There has been a major commitment by players to spark change in recent years, from additional and almost unprecedented levels of support for historically Black colleges and universities, to LeBron James leading a voting rights and registration push that wound up playing a significant role in the 2020 presidential election. This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. With the coronavirus pandemic, teams were forced into playing in a bubble to prevent the spread of the virus. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. The results are clear, however: The NBA's Instagram almost doubles the number of @MLB and @NFL combined. The league's income rose from $10 million in 1947 or so to $40 million in 1957, when television started to become more widespread. Greg McFarlane is a financial writer and co-founder of ControlYourCash.com. The league lost $800 from ticket sales and $400 from sponsorships and merchandise. During the 2020/21 season, the NBA generated $1.46 billion in revenue from sponsorships. Omissions? Players, per the collective bargaining agreement are entitled to 51% of basketball related income, so about $3 billion are going to the players. The NBA's last opening week started late December 2020 because of the pandemic. It tends to lag behind some of the other revenue streams mentioned above. From the 2002/03 to 2007/08 season, the NBA was generating $766 million annually from national broadcasting rights. He ranks as the NBA's top free-throw shooter in playoff history, having made 82-of-86 thus far (.953). On October 13, 1967, the Oakland Oaks defeated the Anaheim Amigos in the debut game of the revolutionary American Basketball Association. Immediately, the YMCA identified basketballs alignment to its mission, to "strive for spiritual, intellectual and physical well-being of individuals and wholeness of communities and began to export the game beyond North America via missionaries. He is also the co-author of Control Your Cash: Making Money Make Sense. How Much Does Big Tech Make Every Minute? You can see them. The Nets struck a $30 million per year pact with New York-based brokerage platform Webull, the richest patch deal in the league. Tencent pays the NBA $1.5 billion for those rights. He'll immediately become a top defensive option for an NBA team.The questions are on the offensive end. It is through the efforts of sporting pioneers like Podoloff that the NBA has become an everyday part of the American sporting scene.. Visualized: The Largest Trading Partners of the U.S. Visualizing 90 Years of Stock and Bond Portfolio Performance, Visualizing the Link Between Unemployment and Recessions, Timeline: The Shocking Collapse of Silicon Valley Bank, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Infographic: 11 Tech Trends to Watch in 2023, Ranked: The U.S. Banks With the Most Uninsured Deposits, De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar, Charted: 30 Years of Central Bank Gold Demand. Like other major sports leagues, the NBA shares non-basketball related revenue between teams in order to address inequalities across different markets around the country. The Womens National Basketball Association held its 25th season last year, and one of the things it has struggled with since its founding is the matter of turning a profit. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level. The modern game of basketball is believed to have been invented by Dr. James Naismith in Springfield, Massachusetts, in 1891. But, fast forward to 2020, and every team in the league was profitable, with average operating income surging to $62 million. Its entirely possible that both these ideas are true. Extending a hand paid off almost immediately, leading to NBA careers for three players from the USSR roster, including Hall of Famer Arvydas Sabonis. According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. Of the last six NBA Drafts, four of the number one overall picks were born outside the U.S. Last year, foreigners claimed five All-Star spots, the Rookie of the Year and Defensive Player of the Year. Webwhen did the nba become profitable. By 1949, the NBA had turned a corner. So far, live sports have tended to remain safe from these changes, but that may not last forever. This is the largest increase in NBA debt over the last 4 years. ", Foxbusiness.com. NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Since 2017, the NBA allowed teams to have brand logos on their jerseys. The first official games outside of the U.S. took place at the Inter-Allied games in France, where only three teams competed. Its about fair play. 22 out of 30 NBA franchises faced the largest revenue drop over the last 20 seasons. By the end of the decade, however, financial problems caused by excessive player salaries had forced many small market teams out of the league, leading to the relocation of the San Antonio Spurs and the Washington Bullets. The deal added another $366 million of revenue for the league. In that three-team deal, Morey's former club, the Houston Rockets, received three first-round draft picks and four first-round pick swaps. In 2011, 22 of the 30 teams were losing money, and the average operating income per team sat at $6 million. However, basketball has continued to be popular since then and is now one of the most popular sports in the United States. The popularity of basketball started to decline after the early 1950s but was on the rise again from the mid-1980s until 1996, when the NBA suspended its season due to concerns about heart disease and cancer caused by the repetitive nature of the game. Maurice Podoloff charted the unknown for the NBA, the late David Stern, who was the NBA commissioner for 30 years, said when Podoloff died. These include white papers, government data, original reporting, and interviews with industry experts. The NBA became such a proven platform to reach Chinese consumers that during Yao Mings third year, Chinese Beer brand Yanjing Beer bought courtside advertising despite not even selling products in the U.S. The National Basketball Association (NBA) is a professional basketball league in the United States that was formed in 1949 by the merger of two rival organizations, the National Basketball League (founded in 1937) and the Basketball Association of America (founded in 1946). Some of the advertisers include General Electric, Walt Disney Company, and Rakuten, which is a Japanese e-commerce company. The league has a fan base that stretches to each corner of the globe and a reputation of being a leader when it comes to social issues. With this deal, the NBA increased its annual broadcasting revenue to $930 million per year. 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. For the 2016-2017 season, TNT and ESPN re-upped their contracts to an estimated $24 billion in total. In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. Some of the inaugural franchises only had inaugural seasons, folding after Year 1. The prevalence and co-occurrence of psychiatric conditions among entrepreneurs and their families. The NBA has gained undeniable traction over the last decade, at least from a financial standpoint. How did the game of baseball spread to the Caribbean. While the NBA was founded in 1949, basketball has been popular in North American countries since the 1850s, with the game being introduced to the Olympics for the first time as a demonstration sport at the Olympic Games in While every effort has been made to follow citation style rules, there may be some discrepancies. What started as a part-time gig for Bohuny has evolved to an SVP title of the fully matured grown-up International Basketball Operations Department at the NBA. But it was way down from the six-game series between the Warriors and Toronto Raptors in 2019, which averaged 15.1 million viewers. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. The NBA has been expanding internationally for many years, and it has become a key revenue sourceespecially China. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. For one thing, not every team is equally valuable or profitable. This article was most recently revised and updated by, https://www.britannica.com/topic/National-Basketball-Association, Official Site of the National Basketball Association, National Basketball Association (NBA) - Student Encyclopedia (Ages 11 and up), NBA set for final day, and West race will go to the wire, NBA opens investigation into Dallas' move to sit players, East play-in field set, Embiid poised to win scoring title, Udonis Haslem, Heat reflect on rare 20-year NBA career, Former NBA guard Ben Gordon arrested on weapons charge. That's a problem if "generally 99%" of NBA fans "never step foot in an NBA arena," as the league said in the past. He ranks as the NBA's top free-throw shooter in playoff history, having made 82-of-86 thus far (.953). The largest drop in revenue occurred during the 2020/21 season, with a 19% yearly decrease. The associations utilization of social isnt restricted to just Americans. The NBA was founded after the other sports leagues (in 1946) and had to spend decades catching up to its entrenched counterparts in baseball and football. It was the first league to turn its all-star game into a three-day weekend loaded with events, the first to draw a significant portion of its revenues through merchandising. "Its certainly not by accident that were the No. But after Fremont played ball, other professionals followed suit and basketball became a popular activity for Americans of all ages and backgrounds. The Brooklyn Dodgers and New York Knicks are the only two franchises that have played more than one season since the NBA's inception in 1946. Maurice Podoloff, a hockey executive who was the BAAs first president and ultimately the first NBA commissioner, was tasked with saving the league and winning a battle with the rival National Basketball League for players and attention. Earlier this month, the league and NBA players union agreed that unvaccinated players who miss games in because of local Covid regulations would lose a proportional portion of their salary for each game. In 1998, the NBA signed a 4-year, $2.64 billion deal with NBC and Turner for broadcasting rights from 1998/99 to 2001/02 season. From the 2002/03 to 2007/08 season, the NBA was generating $766 million annually from national broadcasting rights. Investopedia requires writers to use primary sources to support their work. The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. It's estimated that China generates $500 million dollars in revenue annually. Our guide page will help you get specific information about each type and its effect on your feet and performance. The number of players in the NBA increased from six to twelve, which reduced ticket sales and broadcast rights fees; at the same time, rising player salaries began to eat into corporate sponsorship deals and other ancillary revenues. The NBA watched the NFL capture an eleven-year deal worth more than $100 billion deal last summer. China still hasn't fully re-opened its marketplace to the NBA after Philadelphia 76ers top executive Daryl Morey commented on geopolitical affairs. This is a 97% decrease compared to the 2019/20 season, and the second season in a row with a drop in ticket revenue since the lockout-shortened 2011/12 season. has raised $75 million from more than two dozen investors in a bid to revamp its business model as players call for expansion, higher salaries and better benefits. Where was the American Football League in 1934? Last year, the Cleveland Cavaliers lost money on an operating basis and declined by about 4% in value to $1.28 billion, per Forbes. This was it. Today, the 30 NBA franchises are worth at least $100 billion combined, possibly much more than that. When asked by CNBC on Monday if NBA games would return on CCTV this season, Silver said: "It's unclear whether we'll be back on CCTV this year. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. In North America, the NBA flourishes but does not dominate. Defining Moment #1: Dr. James & YMCA Missionaries, 1891: Springfield, Massachusetts, Canadian-born James Naismith (we tend to skip over the fact the creator of basketball wasnt born in the U.S.) invented basketball while a gym teacher at YMCA International Training School as a way to preoccupy students forced indoors by the snow. 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