Ryan Buenafe, who scored a crucial three-point shot late in Game 2, was named Finals MVP.

Fernandez tendered his courtesy resignation to university officials after the last game of the season[1] Sophomore Ryan Roose "RR" Garcia and freshman Terrence Romeo, both from FEU, were named most valuable player and rookie of the year, respectively.

After missing the semifinals for the first time, Franz Pumaren resigned as head coach of the De La Salle Green Archers, after which he announced his intention to run for Congressman of Quezon City's 3rd district.

[4] The NU Bulldogs terminated head coach Manny Dandan's contract after leading the team to a 3–11 finish the previous year.

[8] In preseason warmup tournaments, the FEU Tamaraws was defeated by NCAA champion San Sebastian Stags 79–78 in the Filoil Flying V First Five Preseason Invitational Cup final,[9] while the Ateneo Blue Eagles defeated the Mapua Cardinals in the Father Martin's Cup final, 68–64.

UP coach Aboy Castro commented that while general consensus dictates that Ateneo and FEU were locked in the top two spots, "it will be tough to get into the 3rd and 4th slot."

[13] FEU won their next six games, sweeping the elimination round;[14] Ateneo on the other hand, after winning another tight game against Adamson,[15] finished second after the first round; their own other loss coming from their arch rivals La Salle, in which the Green Archers capitalized on Kirk Long going to the bench in the final minutes after fouling out.

[22] They were beaten anew by UST in another close game,[23] while the Tigers themselves lost to the Green Archers[24] and Tamaraws to cap off their first round with a 3–4 record.

[26] La Salle ended their first round with two-point loss against Adamson, which made the Falcons within striking distance from FEU and Ateneo in the standings.

Ateneo finished the first round with a triumph against last year's Finals nemesis UE in a close game until the Eagles pulled away late in the fourth quarter.

FEU was brought to another close game, this time against UE, but the Tamaraws were able to defeat the Red Warriors via overtime to notch their first second round win.

The Red Warriors, which had to win all of their remaining games to have shot at the Final Four, shocked Ateneo in what could be a start of an improbable playoff run.

Fighting Maroon Mark Juruena had earlier been called for five consecutive lane violations with UP trailing by two points with 1.2 seconds left; UP coach Boyet Fernandez instructed Juruena to deliberately cross the lane while NU's Jewel Ponferrada was attempting his free-throw hoping to tempt NU to do the same act and force a double lane violation (subsequently a jump ball at center court, the possession arrow rule is suspended during the last two minutes of a game); the referees did not call the violation and UP coach Fernandez rushed to commissioner Badolato afterward to plead his case.

[29] FEU won against NU, while La Salle outlasted UST to remain in the top two teams in the standings.

UP placed the result of the game under protest for the referees' judgment call on UP's lane violation and on a non-call on NU's Emmanuel Mbe's supposedly goal-tending of UP's Alvin Padlla's three-point shot.