1998 PBA season

Season highlights

• The PBA is in their toughest challenge with the formation of a new league called Metropolitan Basketball Association, backed by the giant network ABS-CBN, and is perceived to be a threat to the 24-year existence of the PBA.
• The Alaska Milkmen won two titles during the year while Formula Shell ended a six-year title-drought by winning the final conference of the season.
• For the third time in every four years, an All-pro squad to be known as Philippine Centennial Team will be given a task to win the basketball gold in the Asian Games, slated in December in Bangkok, Thailand. Alaska coach Tim Cone was chosen to handle to national team and pick the pro cagers to comprise the 12-man lineup. The Centennial team participated in the Jones Cup basketball tournament in Taipei and won their third championship.
• This is the only season that features four conferences with the addition of the Centennial Cup in celebration of the centennial anniversary of Philippine independence. The Philippine Centennial Team played as guest team in preparation for the 1998 Asian Games. The tournament was won by the Mobiline Phone Pals.
• The two-import format was revived during the Centennial Cup and the Governor's Cup.

  Opening ceremonies

Champions

• All-Filipino Cup: Alaska Milkmen
• Commissioner's Cup: Alaska Milkmen
• Centennial Cup: Mobiline Phone Pals
• Governor's Cup: Formula Shell Zoom Masters
• Team with best win-loss percentage: Alaska Milkmen
• Best Team of the Year: Alaska Milkmen

  Individual awards

• Most Valuable Player: Kenneth Duremdes
• Rookie of the Year: Danny Ildefonso
• Sportsmanship Award: Freddie Abuda
• Most Improved Player: Patrick Roy Fran
• Defensive Player of the Year: Chris Jackson
• Mythical Five
• * Johnny Abarrientos
• * Alvin Patrimonio
• * Jerry Codiñera
• * Jojo Lastimosa
• * Kenneth Duremdes
• Mythical Second Team
• * Rodericko "Olsen" Racela
• * Mike Mustre
• * Danny Ildefonso
• * Nelson Asaytono
• * Victor Pablo
• All Defensive Team
• * Chris Jackson
• * Freddie Abuda
• * Jerry Codiñera
• * Glenn Capacio
• * Patrick Fran

  Awards given by the PBA Press Corps

• Coach of the Year: Perry Ronquillo
• Mr. Quality Minutes: Rodney Santos
• Executive of the Year: Wilfred Uytengsu
• Comeback Player of the Year: Glenn Capacio
• Referee of the Year: Franco Ilagan

  Board of Governors

• Emilio Bernardino
• Ruben Cleofe
• Bernabe Navarro
• Reynaldo Gamboa
• Manuel Encarnado
• Wilfred Steven Uytengsu
• Luis Lorenzo, Jr
• Nazario Avendaño
• Joaquin Trillo
• Teodoro Dimayuga
• Elmer Yanga
• Roberto Eduardo
• Eliezer Capacio
• Ignatius Yenko

  Cumulative standings