The game has been known as Basketball since its invention in 1891. It was named basketball because the object of the game was to shoot a ball (at the time of the game's invention, a soccer ball was used) into a peach basket. Hence, basketball.
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Basketball doesn't have a first name- basketball is the name of a sport.
Lacrosse
no basketball is not presently an Olympic sport today
For the first game of Basketball in 1891, two half-bushel peach baskets were used as the goals, which gave the sport its name.
Both Lithuania and Latvia (Baltic states) have basketball as the national sport. However, Latvia has two national sports: basketball in the summer, ice hockey in winter.