You didn't think I'd just throw you to the wolves, did you? You guys ought to know me better than that by now! Ok, so here it is:
Begin by clicking on the Media Files link in the site menu block on the right.
This will open a window with all the categories, football, baseball, soccer, etc. Make your selection, in this case we'll pick Basketball
This will change the categories to audio, video, photos, etc. Make your selection, also in this case we'll pick video
This will open a page with all the videos under the Basketball-Video category, pretty simple, huh? Choose your video, in this case we'll pick "Terrelle's 2 - one handed Jams" video.
Click on "Terrelle's 2 - one handed jams" selection and it will open the final window, where you can view the video