Barangay Ginebra won their latest finals meeting on the conclusion of the 2006–07 PBA Philippine Cup.
This was also the first time in PBA history that a champion of the previous year's Fiesta Conference was able to enter the finals to defend their crown.
After a full 7-game series, San Miguel held off Ginebra in game 7 with an emphatic 90–79 win, with Jonas Villanueva awarded as the Finals MVP.
A close game all-throughout with as many as 18 deadlocks in between, Freeman converted a three-point play to increase San Miguel's lead to five; SMB led by as much as 8 in the final two minutes when Ginebra had another run.
Noel tied the ballgame after shooting two free throws off a foul from San Miguel, but Freeman scored on a put-back off Mike Cortez's miss.