Can we put adsense code under the link? Forexample: NFL(this is the link) Adsense Code (adsense code under the link) Is it ok with adsense or i should put some space or anything between these?
Not sure but i think it's against adsense TOS. You are trying to blind people for the ads. If you are not sure about that, try to review the adsense TOS before you apply that.
I always thought it was a legit. I have had my adsense unit right below my pagination links for over years. However you should space it out a little so people can actually use your site instead of being blasted with ads "in yo face"... I know it's not allowed to ad little icons on the sides of the ad units to "cloak" them. Before adsense changed their TOS, I remember putting a folder icon with site link in front of the adsense units and boy did it help! But too bad adsense changed their terms.
Best is, to insert a space or line break to separate them apart. Single line space should be sufficient. At least it wil prove that you are not trying to confuse the visitors or attempt accidental click.