The tournament began on October 19, 2008, at The Arena in the city of San Juan.

Joining are Ateneo de Manila University, Adamson University, De La Salle - College of Saint Benilde, De La Salle University, Far Eastern University, Lyceum of the Philippines University, San Sebastian College - Recoletos and University of Santo Tomas.

Former champion teams University of Santo Tomas and De La Salle University come back after being absent last conference.

After being thrice runner-up and a heartbreaking third-place finish last conference, San Sebastian College - Recoletos finally clinched the championship this season after finishing their former nemesis University of Santo Tomas in a sweep of the finals series.

PW = points won, PL = points lost, PQ = points quotient Basis of breaking ties: