Ginebra San Miguel won their first championship since joining the league in 1979 with a 4–1 series victory over Manila Beer Brewmasters.
Chito Loyzaga hit a three-pointer to level the score at 131-all in the last 53 seconds, Michael Young struck on a pressure-filled jumper to make it 133–131 for Manila Beer, but the Ginebras came out of a timeout and tied the count at 133-all, through Billy Ray Bates' unchallenged drive with 33 seconds remaining, the Brewmasters worked out a make-or-break offensive that Harold Keeling fumbled on a drive, the Gins controlled possession in the last eight seconds, Robert Jaworski raced down the court and issued a crucial pass on Billy Ray Bates, who converted the game winning slam dunk.
Ginebra streak to a 99–91 margin midway in the fourth period, but a fired-up Michael Young struck on four three-point shots in the fourth quarter and put the Brewmasters ahead, 116–114, on a looping jumper from the side with 12 seconds remaining in regulation, Robert Jaworski split his charities with nine seconds to go but Harold Keeling could also hit only one of two free throws for a 117–115 lead for Manila Beer, the Gins mounted a go-ahead offensive until Atoy Co fouled Billy Ray Bates with two seconds left, Ginebra sued for time to plot a game-tying offensive play, Michael Hackett rescued the Gins from an impending defeat with a turnaround jumper in the last two seconds against three Manila Beer defenders to send the game into overtime at 117-all.
In the extension period, with the score at 127–125 in favor of Ginebra, Michael Young hit two of his 63 points in the last six seconds as he translate two errors by Ginebra playing coach Robert Jaworski to tie the count at 127-all, Young was fouled with one second remaining while attempting a three-pointer, sending him to the free throw line, Young converted his two charities and the game went into second overtime after Billy Ray Bates missed on an alley-hoop in the last offensive play, a decisive burst of six points from Dondon Ampalayo and Chito Loyzaga in the second extension finally give Ginebra the momentum at 135–129, the Brewmasters ran out of steam and gave up from sheer exhaustion in the gruelling overtime of a heart-stopping contest as Ginebra moved to within a win of capturing their first title, Billy Ray Bates and Michael Hackett played the whole game without relief and Robert Jaworski became the first local player to have played non-stop for 58 minutes.
[2] Ginebra allowed Manila Beer to take the first quarter and then dominated the last 36 minutes of play, the Gins were up by nine, 63–54 at halftime, and got their biggest lead of 14 points in the third period, 75–61, the Brewmasters put up its own rally and were down by only six, 90–96, at the start of the final period, a triple by Billy Ray Bates gave Ginebra a 102–92 lead and their margin went back to 12 points at 108–96, in the first three minutes of the fourth quarter, the Brewmasters twice close the gap to within five points, 107–112, after Michael Young hit a three-pointer, and 109–114, Michael Hackett got away with an easy shot that started a breakaway of five straight points for Ginebra to up their lead to ten, 119–109, before a wildly cheering crowd of 12,000, Ginebra and Manila Beer traded baskets in a free-wheeling windup in the last two minutes and at the final buzzer, Billy Ray Bates and Michael Hackett poured champaigns to each other at center court as Ginebra celebrates their first championship after eight long years, Michael Hackett outscored Billy Ray Bates for only the second time in the conference, finishing with 45 points while Bates could only tally 31 markers.