James Naismith Net Worth

James Naismith is one of the most celebrated Canadian-American physical educators, physicians, Christian chaplains, sports coaches, and inventors of the game of basketball. He wrote the original basketball rule book and founded the University of Kansas basketball program.

He lived to see basketball adopted as an Olympic demonstration sport in 1904 and as an official event at the 1936 Summer Olympics in Berlin, as well as the birth of the National Invitation Tournament (1938) and the NCAA Tournament (1939).

How much is James Naismith Net Worth in 2024? 

According to our research networth202.com, we found out that the famous Canadian educator and physician has an estimated net worth of $4.5 Million as of the 2024 update. 

How did James Naismith make his money? 

The famous Canadian educator, and physician “James Naismith” has multiple sources of income that enable him to skyrocket his net worth to over $4.5 Million as of the 2024 update. He earns most of his money from his professional careers (educator, physician, and coach who became famous for inventing basketball in 1891), and from his other businesses. 

Biography of James Naismith

 

James Naismith was born on November 6th of November 1861 in Almonte, Ontario, and died on the 28th November 1939 (aged 78) in Lawrence, Kansas. He came into the limelight for inventing basketball in 1891. He founded the University of Kansas basketball team and authored the first basketball rulebook. He currently worth $4.5 Million as of the 2024 update.

Personal life

He was the second child of Margaret and John Naismith, two Scottish immigrants. His mother, Margaret Young, the fourth of 11 children, was born in 1833 and immigrated to Lanark County, Canada in 1852.[9] His father, John Naismith, was born in 1833,[46] left Europe when he was 18, and also settled down in Lanark County. On June 20, 1894, Naismith married Maude Evelyn Sherman (1870–1937) in Springfield, Massachusetts.

The couple had five children: Margaret Mason (Stanley) (1895–1976), Helen Carolyn (Dodd) (1897–1980), John Edwin (1900–1986), Maude Ann (Dawe) (1904–1972), and James Sherman (1913–1980). He was a member of the Pi Gamma Mu and Sigma Phi Epsilon fraternities.

Naismith was a Presbyterian minister and was also remembered as a Freemason. Maude Naismith died in 1937, and on June 11, 1939, he married his second wife, Florence B. Kincaid. On November 19 of that year, Naismith suffered a major brain hemorrhage and died nine days later in his home in Lawrence. He was 78 years old. Naismith died eight months after the birth of the NCAA Basketball Championship, which today has evolved into one of the biggest sports events in North America. Naismith is buried with his first wife in Memorial Park Cemetery in Lawrence.

Florence Kincaid died in 1977 at the age of 98 and is buried with her first husband, Dr. Frank B. Kincaid, in Elmwood Cemetery in Beloit, Kansas.

Early life

Born and raised on a farm near Almonte, Ontario, Naismith studied and taught physical education at McGill University in Montreal until 1890 before moving to Springfield, Massachusetts, United States later that year, wherein 1891 he designed the game of basketball while he was teaching at the International YMCA Training School. Seven years after inventing basketball, Naismith received his medical degree in Denver in 1898. He then arrived at the University of Kansas, later becoming the Kansas Jayhawks’ athletic director and coach.

While a coach at Kansas, Naismith coached Phog Allen, who later became the coach at Kansas for 39 seasons, beginning a lengthy and prestigious coaching tree. Allen then went on to coach legends including Adolph Rupp and Dean Smith, among others, who themselves coached many notable players and future coaches. Despite having coached his final season in 1907, Naismith remains the only coach in Kansas men’s basketball history with a losing record.

Is he still alive or dead?

According to our research networth202.com, we found our that he died on November 28, 1939 (aged 78) in Lawrence, Kansas.

Watch his rare interview 

Summary

• He was born on November 6, 1861, in Almonte, Ontario, and died on November 28, 1939 (aged 78) in Lawrence, Kansas.
• He has an estimated net worth of $4.5 Million as of the 2024.
• He founded the University of Kansas basketball team and authored the first basketball rulebook.

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