The Naismith Memorial Basketball Hall of Fame is located in Springfield, Massachusetts, and honors players, coaches, referees, and other major contributors to the sport of basketball. Established in 1959, it is named after James Naismith, the inventor of basketball, and serves to celebrate the history and achievements of the game. The Hall of Fame features exhibits that showcase the evolution of basketball, memorabilia from legendary players, and interactive displays for visitors. Each year, a new class of inductees is celebrated during an annual ceremony, highlighting the contributions of individuals who have made a significant impact on the sport.