 The winner of the Mr. Basketball award wears #1 on his jersey in the summer all-star series against the Indiana High School All-Stars.1940 was the first year for the Kentucky/Indiana High School All-Star Series, that year, the Indiana All-Stars defeated the Kentucky All-Stars 31–29.The Kentucky Mr. Basketball award is the third oldest such award in the nation; only Indiana Mr. Basketball and California Mr. Basketball, which were first awarded in 1939 and 1950, respectively, predate it.