1998 PBA Centennial Cup
The 1998 PBA Centennial Cup was a special tournament held by the PBA during the season. The event was a reference to the Philippines celebration in the Centennial year of the country's independence.
The Mobiline Phone Pals won the tournament over Formula Shell Zoom Masters in the one-game championship.
List of Imports
Elimination round
Team standings
| # | Team | W | L | PCT | GB |
| 1 | Ginebra San Miguel | 6 | 2 | .750 | -- |
| 2 | Mobiline Phone Pals | 5 | 3 | .625 | 1 |
| 3 | Pop Cola 800s | 5 | 3 | .625 | 1 |
| 4 | Formula Shell Zoom Masters | 5 | 3 | .625 | 1 |
| 5 | Purefoods TJ Hotdogs | 5 | 3 | .625 | 1 |
| 6 | San Miguel Beermen | 4 | 4 | .500 | 2 |
| 7 | Alaska Milkmen | 4 | 4 | .500 | 3 |
| 8 | Philippine Centennial Team | 1 | 7 | .125 | 5 |
| 9 | Sta. Lucia Realtors | 1 | 7 | .125 | 5 |