Notable Events

• After Tanduay
  Tanduay Rhum Masters
  The Tanduay Rhum Masters is a former Manila Industrial and Commercial Athletic Association , Philippine Basketball Association and Philippine Basketball League basketball team.-History:...
  
   filed a leave of absence, some remnants were absorbed, along with several amateur prospects by Purefoods Corporation.
• PBA deputy commissioner Rudy Salud became the league's third commissioner and the PBA soared to greater heights under Salud's leadership, Purefoods' entry along with the never-say-die attitude of the league' most popular team, the Anejo 65ers contributed largely to a box-office success in gate attendance.
• Purefoods Corporation joined the league after buying a franchise worth P300,000.
• The Tanduay Rhum Makers
  Tanduay Rhum Masters
  The Tanduay Rhum Masters is a former Manila Industrial and Commercial Athletic Association , Philippine Basketball Association and Philippine Basketball League basketball team.-History:...
  
   filed a leave on absence for the 1988 season on January 16, 1988, citing realignment of corporate objectives.
• Amateur standout Alvin Patrimonio, who was a subject of a bitter tug-of-war between the PBA's newest team, Purefoods Hotdogs and his mother ballclub in the PABL, corporate rival RFM-Swifts, finally made his PBA debut on June 30.
• A blockbuster trade took place before the opening of the Third Conference as veterans Ramon Fernandez, who was bench in the All-Filipino title-series, and Abet Guidaben were traded to each other by their respective ballclubs.
• Ramon Fernandez won his 4th MVP plum, as he continued his tradition of winning the prestigious award every two year starting in 1982.

Team standings

Finals results

• Open Conference Finals
  1988 PBA Open Conference Finals
  The 1988 PBA Open Conference Finals is the best-of-7 series basketball championship of the 1988 PBA Open Conference. For the second time in league history, the best-of-seven finals went the full distance...
  
  : (2) San Miguel Beermen
  San Miguel Beermen
  The Petron Blaze Boosters is a professional basketball team in the Philippine Basketball Association. The team has been a member of the league since its inception in 1975 and hold the most PBA titles with 19.The team is owned by the Petron Corporation, a subsidiary of the Philippines' largest food...
  
   (7-3) def. (2) Purefoods Hotdogs (6-4), 4 games to 3.
• Third place: Alaska
  Alaska Aces (PBA)
  The Alaska Aces is a professional basketball team in the Philippine Basketball Association since 1986 under the ownership of the Alaska Milk Corporation and the owner of 13 PBA championships with the 2010 PBA Fiesta Conference as their latest...
  
   (def. Ginebra
  Barangay Ginebra Kings
  The Barangay Ginebra Kings is a professional basketball team of the Philippine Basketball Association founded in 1979 and owned by the Ginebra San Miguel, Inc., a subsidiary of the San Miguel Corporation...
  
   in a best-of-five playoff)
• Best Import of the Conference: Jamie Waller (Ginebra
  Barangay Ginebra Kings
  The Barangay Ginebra Kings is a professional basketball team of the Philippine Basketball Association founded in 1979 and owned by the Ginebra San Miguel, Inc., a subsidiary of the San Miguel Corporation...
  
  )

Team standings

Finals results

• PBA All-Filipino Cup Finals
  1988 PBA All-Filipino Cup Finals
  The 1988 PBA All-Filipino Conference Finals is the best-of-5 series basketball championship of the 1988 PBA All-Filipino Conference, and the conclusion of the conference's playoffs...
  
  : (3) Añejo Rum 65ers
  Barangay Ginebra Kings
  The Barangay Ginebra Kings is a professional basketball team of the Philippine Basketball Association founded in 1979 and owned by the Ginebra San Miguel, Inc., a subsidiary of the San Miguel Corporation...
  
   (7-5) def. (1) Purefoods Hotdogs (8-4), 3 games to 1.
• Third place: Alaska
  Alaska Aces (PBA)
  The Alaska Aces is a professional basketball team in the Philippine Basketball Association since 1986 under the ownership of the Alaska Milk Corporation and the owner of 13 PBA championships with the 2010 PBA Fiesta Conference as their latest...
  
   (def. San Miguel
  San Miguel Beermen
  The Petron Blaze Boosters is a professional basketball team in the Philippine Basketball Association. The team has been a member of the league since its inception in 1975 and hold the most PBA titles with 19.The team is owned by the Petron Corporation, a subsidiary of the Philippines' largest food...
  
   in a best-of-three playoff)

Team standings

Finals results

• PBA Reinforced Conference Finals
  1988 PBA Reinforced Conference Finals
  The 1988 PBA Reinforced Conference Finals is the best-of-7 series basketball championship of the 1988 PBA Reinforced Conference, and the conclusion of the conference's playoffs...
  
  : (1) San Miguel Beermen
  San Miguel Beermen
  The Petron Blaze Boosters is a professional basketball team in the Philippine Basketball Association. The team has been a member of the league since its inception in 1975 and hold the most PBA titles with 19.The team is owned by the Petron Corporation, a subsidiary of the Philippines' largest food...
  
   (7-3) def. (3) Shell Rimula X Oilers
  Shell Turbo Chargers
  The Shell Turbo Chargers is a former Philippine Basketball Association team under the ownership of Pilipinas Shell Corporation. Shell has been a member of the PBA since 1985 until 2005 when the team filed for a leave of absence after the season. Shell sold its franchise to PBL team Welcoat Paints...
  
   (5-5), 4 games to 1.
• Third place: Añejo
  Barangay Ginebra Kings
  The Barangay Ginebra Kings is a professional basketball team of the Philippine Basketball Association founded in 1979 and owned by the Ginebra San Miguel, Inc., a subsidiary of the San Miguel Corporation...
  
   (def. Presto
  Great Taste Coffee Makers
  Great Taste Coffee was one of the Pioneer teams in the Philippine Basketball Association . The company was then known as the Consolidated Foods Corporation and their chief products included well known brands like Presto Ice Cream, N-Rich Coffee Cream, Jack & Jill Fun Snacks, Great Taste Coffee...
  
  , 3-1 in a best-of-five playoff)
• Best Import of the Conference: Bobby Parks
  Bobby Parks
  Bobby Ray Parks is an American professional basketball player from Grand Junction, Tennessee. He played for Memphis State University during the 1980s and played internationally in France and the Philippines...
  
   (Shell
  Shell Turbo Chargers
  The Shell Turbo Chargers is a former Philippine Basketball Association team under the ownership of Pilipinas Shell Corporation. Shell has been a member of the PBA since 1985 until 2005 when the team filed for a leave of absence after the season. Shell sold its franchise to PBL team Welcoat Paints...
  
  )

Individual awards

• Most Valuable Player
  Philippine Basketball Association Most Valuable Player award
  The Philippine Basketball Association awards the Most Valuable Player award at the end of the season. The winner is selected via votes from the press, players, coaches and top PBA officials....
  
  : Ramon Fernandez
  Ramón Fernández
  Ramon S. Fernandez is generally regarded as the greatest basketball player produced by the Philippine Basketball Association. Fernandez won four Most Valuable Player awards and a record of 19 PBA championships bagged...
  
   (Purefoods, San Miguel)
• Rookie of the Year
  Philippine Basketball Association Rookie of the Year award
  -List of awardees:...
  
  : Jojo Lastimosa
  Jojo Lastimosa
  Isabelo Lastimosa, Jr. , better known as Jojo Lastimosa and by his nickname "Jolas", is a former Filipino professional basketball player from Cagayan de Oro City who played in the Philippine Basketball Association for the Purefoods TJ Hotdogs, the Alaska Aces and the Pop Cola Panthers from 1988-2003...
  
   (Purefoods)
• Most Improved Player: Alvin Teng (San Miguel)
• Mythical Five:
  • Ricardo Brown
    Ricky Brown (basketball)
    Ricardo Vidal Brown , also known as Ricky Brown, is a former Filipino American professional basketball player. He was drafted by the Houston Rockets in the 3rd Round of the NBA Draft. Brown played college ball at Pepperdine University, where he was All-West Coast his Junior and Senior years, and...
    
     (San Miguel)
  • Hector Calma
    Hector Calma
    Hector Calma is a retired Filipino professional basketball player. At 5 feet and 6 inches, he played at the point guard position and was most notably associated with the San Miguel Beer team of the Philippine Basketball Association....
    
     (San Miguel)
  • Abet Guidaben
    Abet Guidaben
    Alberto "Abet" Guidaben is a former Philippine Basketball Association basketball player. He was part of the fabled Crispa Redmanizers ballclub that won two Grand Slams, in 1976 and 1983...
    
     (San Miguel, Purefoods)
  • Ramon Fernandez
    Ramón Fernández
    Ramon S. Fernandez is generally regarded as the greatest basketball player produced by the Philippine Basketball Association. Fernandez won four Most Valuable Player awards and a record of 19 PBA championships bagged...
    
     (Purefoods, San Miguel)
  • Allan Caidic
    Allan Caidic
    Alan Vito Flores Caidic is a retired professional basketball player from the Philippines and is currently an assistant coach of the Barangay Ginebra Kings in the PBA...
    
     (Great Taste/Presto)

• Mythical Second Team:
  • Robert Jaworski
    Robert Jaworski
    Robert Salazar Jaworski , also known as Sonny Jaworski, Bobby Jaworski, Robert Jaworski, Sr. or simply Jawo, is a former Philippine senator, basketball coach and Manila Industrial and Commercial Athletic Association and PBA basketball player.Known as The Big J and called The Living Legend...
    
     (Añejo)
  • Jojo Lastimosa
    Jojo Lastimosa
    Isabelo Lastimosa, Jr. , better known as Jojo Lastimosa and by his nickname "Jolas", is a former Filipino professional basketball player from Cagayan de Oro City who played in the Philippine Basketball Association for the Purefoods TJ Hotdogs, the Alaska Aces and the Pop Cola Panthers from 1988-2003...
    
     (Purefoods)
  • Jerry Codiñera
    Jerry Codiñera
    Jerry Codiñera is a retired professional basketball player of the Philippine Basketball Association. He is nicknamed the "Defense Minister" for his prowess at the defensive end. He is also a member of the 25 Best Players of all Time of PBA and Philippine men's national basketball team of the 1994...
    
     (Purefoods)
  • Yoyoy Villamin (Alaska)
  • Dondon Ampalayo
    Dondon Ampalayo
    Cresencio "Dondon" Ampalayo , is a retired Filipino professional basketball player in the Philippine Basketball Association. He won the PBA Rookie of the Year in 1986 while suiting up for Ginebra San Miguel...
    
     (Añejo)

• All-Defensive Team:
  • Abe King
    Abe King
    Abe King, Jr. was a Filipino basketball player who was part of the champion Philippine Basketball Association ballclub Toyota Tamaraws. He was the starting power center of 1976 MICAA Champion Crown Motors before his mother team, the Toyota Tamaraws called upon his services at the start of the...
    
     (Great Taste/Presto)
  • Philip Cezar
    Philip Cezar
    Philip "The Scholar" Cezar is a former Philippine Basketball Association basketball player. He was part of the fabled Crispa Redmanizers ballclub that won two Grand Slams, in 1976 and 1983. He won the Most Valuable Player award in 1980. He was also a many-time Philippine national team player in...
    
     (Great Taste/Presto)
  • Yoyoy Villamin (Alaska)
  • Robert Jaworski
    Robert Jaworski
    Robert Salazar Jaworski , also known as Sonny Jaworski, Bobby Jaworski, Robert Jaworski, Sr. or simply Jawo, is a former Philippine senator, basketball coach and Manila Industrial and Commercial Athletic Association and PBA basketball player.Known as The Big J and called The Living Legend...
    
    (Añejo)
  • Biboy Ravanes (Shell)