The historic document spelling out the original rules for basketball has fetched 4.3 million US dollars at auction – a record for any item of sports memorabilia. The two,signed typescript pages that set out the 13 rules were drawn up by the sport's Canadian founder, James Naismith, in 1891. The document entitled Founding Rules of Basketball were sold by the Naismith International Basketball Foundation at Sotheby's in New York. They were bought by Kansas basketball fans David and Suzanne Booth. The sale broke the previous record for sports memorabilia of 3 million dollars – set in 1999 for the baseball hit by Mark McGwire.