YEP! THE FIRST BASKETBALL GAME ACTUALLY USED A 16 QT PEACH BASKET. COULD IT HAVE BEEN ONE OF JERSEY PACKAGE'S BASKETS?

In early December 1891, Dr. James Naismith, a Canadian-born physical education professor and instructor at the International Young Men's Christian Association Training School (YMCA; today, Springfield College) in Springfield, Massachusetts, USA, sought a vigorous indoor game to keep his students occupied and at proper levels of fitness during the long New England winters. After rejecting other ideas as either too rough or poorly suited to walled-in gymnasiums, he wrote the basic rules and nailed a peach basket onto a 10-foot (3.05 m) elevated track.

In contrast with modern basketball nets, this peach basket retained its bottom, and the players had to climb up to retrieve the ball manually after each "basket" or point scored; this proved inefficient, however, so someone drilled a hole into the bottom of the basket, allowing the players to poke the balls out with a long dowel. Another player noticed that if they removed the bottom of the basket, the ball would simply pass through the basket, paving the way for the game we know today. The bottomless peach baskets served as basketball goals until 1906 when metal hoops with backboards replaced them.

Early players used a soccer ball to shoot baskets. Whenever a person got the ball in the basket, his team would gain a point. Whichever team got the most points won the game. Originally they nailed the baskets to the mezzanine balcony of the playing court, but this proved impractical when spectators on the balcony began to interfere with shots. The backboard was introduced to prevent this interference; it had the additional effect of allowing rebound shots. Naismith's handwritten diaries, discovered by his granddaughter in early 2006, indicate that he was nervous about the new game he had invented, which incorporated rules from a children's game called "Duck on a Rock", as many new games had failed before it. Naismith called his new game "Basket Ball".

The first official game was played in the YMCA gymnasium on January 20, 1892 with nine players. The game ended at 1-0; the shot was made from 25 feet (7.6 m), on a court just half the size of a present-day Streetball or National Basketball Association (NBA) court. By 1897–1898 teams of five became standard.

Now when a street kid says, “wanna shoot some hoops?” he’s actually talking about the wood straps that encircled one of our baskets.

Ref: http://www.kansasheritage.org/people/naismith.html

Dr. James Naismith
  First Basketball Court