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.
Basketball