The tournament has four rounds, the wildcard playoffs, quarterfinals, semi-finals and the Finals.

The Purefoods Chunkee Giants defeated Red Bull Barako in six games of the best-of-seven finals series.

The play-by-play commentators are Mico Halili, Ed Picson and Mon Liboro while the color commentators are Norman Black, Quinito Henson, Siot Tanquingcen, Jong Uichico and Chot Reyes.

The courtside reporters are Richard del Rosario, Eric Reyes, Dominic Uy, Jason Webb, Peter Martin, Peaches Aberin and Patricia Bermudez-Hizon.

The grand draw of Hope and Winston's Sports Ride promo was also broadcast during the halftime of Game 4 of the finals, as the said event will be the final promotional segment to be sponsored by tobacco companies broadcast during the finals until the Philippine government announced that commercials and sponsorships related to tobacco products on TV and Radio will be banned starting on January 1, 2007.