There are many good basketball sites on the web. The NBA one is my favorite.

If you clicked on the underlined part, it would take you to http://www.nba.com/

Here's the code:

<A HREF="http://www.nba.com/">The NBA one</A> is my favorite.

Obviously, the parts in italics are variables, which means they can be changed to suit your needs. The first italics are the site you're sending your reader to. The second italics are what the link says (the NBA one).

On a local note...

What if you're one of those people with a really long web address? Wouldn't it take FOREVER to always type the full address to link to another one of YOUR pages in the same directory? Of course! But here's a trick...if you're still using the same directory, just write the .html or .htm part. Say you were to link to http://www.sam.billybob.com/me/joe/links.html, you could instead just write in links.html. Simple, eh??!