It started on August 22 and ended on December 14, 1982.
The tournament is an import-laden format, which requires two imports per each team.
The following format will be observed for the duration of the tournament: Each team were allowed two imports.
The first line in the table are the original reinforcements of the teams.
On the final playing day of the semifinals, both Gilbey's and N-Rich were a win away from advancing to the championship in the closest the PBA has ever had a finale without traditional powerhouses Toyota and Crispa, but the Super Corollas forces a playoff with N-Rich Coffee and won their knockout game to play first-time finalist Gilbey's Gin.