The best-of-seven title series features a duel of two American coaches; Tim Cone and Ron Jacobs.
Their third victory was a come-from-behind 79–78 win over Pop Cola on May 31 as they await the arrival of their import choice Devin Davis.
Alaska advances outright in the best-of-five semifinals and they battled Formula Shell and won the series, three games to two, to reach the finals for the 12th time in the last 13 conferences.
In the championship rematch against San Miguel Beermen, the Milkmen took a commanding 2–0 lead and while the Beermen fought back to tie the series, the Milkmen came through with convincing victories in the last two games to clinch their 9th PBA title as they now tied the defunct Toyota ballclub as the third winningest team in the league.
Coach Tim Cone, who was task to handle the Philippine Centennial Team in the Asian Games, will not be on the Alaska bench along with national team players Johnny Abarrientos, Jojo Lastimosa and Kenneth Duremdes starting the special conference called Centennial Cup.