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Dr. James Naismith invented Basketball, and the first game was played.
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Between Vanderbilt University and the local YMCA.
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The first professional basketball league was formed. Six teams were included in the National Basketball League (NBL). It was abandoned in 1904.
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The Original Celtics are known as the "fathers of basketball." They were strongest team between 1922 and 1928. They disbanded in 1949. They share no correlation with today's Boston Celtics.
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The NBA was formed by merging some of the leagues already established and the NBL (National Basketball League).
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The NBA began to racially integrate black players into the league.
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The ABA was initially an alternative to the NBA. It offered a different style of playing the game (slam-dunk, three-point shots) and emphasized excitement and liveliness. Its signature was the red-white-and-blue colored ball in gameplay.
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The ABA folded into NBA. Four of its most successful franchises were added to the older league (New York Nets, Denver Nuggets, Indiana Pacers, San Antonio Spurs).
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The three-point shot was officially added to the NBA.
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All events are from this source: https://en.wikipedia.org/wiki/History_of_basketball