The tournament was an import-laden format, which requires an import or a pure-foreign player for each team and with a height limit of 6-foot-4.
Defending 2002 champions Barako Bull Energy Boosters took a leave of absence during this conference.
Replacing them was the Smart Gilas Philippine national team.
The Talk 'N Text Tropang Texters won their fourth and first back-to-back championship, defeating the Barangay Ginebra Kings, 4–2.
Highlighted are the imports who stayed with their respective teams for the whole conference.