1) Basketball was created in 1891 by James Naismith in Massachusetts as an indoor winter sport. 2) It is played on a rectangular court by two teams of 5 players who score points by shooting the ball through a hoop mounted above the court. 3) The basic rules are that teams have possession for up to 8 or 24 seconds, players can take up to two steps with the ball before dribbling, and personal fouls that impede other players result in free throw attempts.