Team ownership said that the name was chosen as the province of Rizal is known for "crusades, mountaineering, and other stuff".

Rizal struggled during its first two seasons, ending up with the worst record of the division in both instances.

Despite struggling in the 2021 Invitational, with a record of 1-4, the team rose up in the 2022 season.

The Golden Coolers finished the season 10-11, earning a playoff appearance for the first time.

As the sixth seed, they upset the third-seed Sarangani in the First Round, but would go on to be swept by Batangas City in the Division Semifinals, The Rizal-based team's main arena is the Ynares Center, located in Antipolo.