Naismith Trophy
Since 1967, the champion of each tournament has been awarded the Naismith Trophy, named for basketball inventor James Naismith. A trophy had been planned since the first World Championship in 1950, but did not come to fruition until FIBA finally commissioned a trophy in 1965 after receiving a US$1,000 donation. The original trophy was used from 1967 through 1994. An updated trophy was introduced for the 1998 FIBA World Championship and the original now sits at the Pedro Ferrándiz Foundation in Spain.
The updated trophy is designed in an Egyptian-inspired lotus shape upon which there are carved maps of the continents and precious stones symbolizing the five continents (FIBA Americas represents both North America and South America). Dr. Naismith's name is engraved on all four sides in Latin, Arabic, Chinese, and Egyptian hieroglyphs. The trophy stands 47 centimeters (18.5 inches) tall and weighs nine kilograms (twenty pounds).
Read more about this topic: FIBA World Championship