The Philippine Basketball Association (PBA) is a professional basketball league in the Philippines which founded in 1975. It is known as the first and the oldest professional basketball league in Asia. PBA is currently applying the rules of FIBA and National Basketball Association. The league is recently headed by Commissioner Sonny Barrios.
From 1975-2003, a season was usually composed of three conferences. From the 1993 season, the conferences were named All Filipino, Commissioner’s Cup, and Governors Cup, usually ending in a best-of-7 Finals series match wherein the winner takes the Conference Cup. If the same team wins all of the conferences, the team is said to be the “Grand Slam” champion. A draft was held on January.
In the year 2004, former commissioner Noli Eala introduced drastic changes to the season calendar. He reduced the number of conferences from three to two and changed the start of the season from February to October, so that the league can accommodate international tournaments that were frequently held from June to September. Another reason for the change in schedule was the popularity of college hoops, the NCAA and the UAAP, whose basketball season runs from June to October each year.
The first tournament is the Philippine Cup, which is held from October to February the following year, where only locals are allowed to play. The second tournament is the Fiesta Conference held from March to July, teams are allowed to field one foreign player called an “import”. The Philippine Cup is identical to the All-Filipino Conference of the previous seasons. The rookie draft is now usually held every August.
All franchises are owned by corporations, and are not based on a geographic locale, therefore they do not play in a “home stadium” and the league per se rents the different stadiums in which the teams play.
A team’s name is often divided into three parts; the first is the company name, then the product (can be omitted or merged with the next part), and a nickname – usually connected to the business of the company. The company name rarely changes – it can only change if the franchise is sold or if the mother company transfers the operations of the franchise into another subsidiary. The product name and the nickname often changes, as companies would maximize the publicity the league gives to its products.