In 1971, the team composed of Reynaldo Alcantara, Rudolph Kutch, Ernesto de Leon, Rodolfo Soriano, Danilo Florencio, Johnny Revilla, Adriano Papa, Jr., William "Bogs" Adornado, Virgilio Abarrientos, Danilo Pecache, Domingo Celis, Jr. and Rey Franco lost to the Meralco Reddy Kilowatts in the MICAA championships.
In 1973, authorities discovered that six of the team's players had conspired with gamblers to drop the 1972 MICAA All-Filipino championship series against underdog Mariwasa.
With its lineup depleted, manager Valeriano "Danny" Floro and coach Virgilio "Baby" Dalupan were forced to rebuild.
They opted to go with younger players, bringing in Mapúa Institute of Technology hotshot Fortunato "Atoy" Co, Jr. and Colegio de San Jose Recoletos standout Abet Guidaben in 1973, and Jose Rizal College’s Philip Cezar and RP Youth Team players Bernie Fabiosa and Alfredo "Freddie" Hubalde in 1974.
In 1974, Crispa began a rivalry for basketball supremacy with Toyota – a team spearheaded by Robert Jaworski, Francis Arnaiz, and Ramon Fernandez, stars of the old Meralco franchise.
They won another two championships in 1977, despite the loss of leading scorer and reigning MVP Adornado to a knee injury at the start of the year.
The team also got an infusion of young talent as amateur standouts Arturo "Bay" Cristobal, Elpidio "Yoyoy" Villamin, Padim Israel, and Mon Cruz became the newest Redmanizers.
Arch-rival Toyota had already disbanded prior to the start of the 1984 season as the political and economic turmoil following the assassination of opposition stalwart Senator Ninoy Aquino made it increasingly difficult for companies to finance professional basketball teams.