1987 PBA season

Season highlights

• Manila Beer disbanded its franchise at the start of the season, reducing the league's membership to only 6 teams, their players were absorbed by the rest of the PBA ballclubs.
• The PBA, in partnership with a newly formed league called International Basketball Association of the United States for players 6-4 and below, staged a successful mini-tournament for one week, featuring the top PBA All-Filipino teams and the US Selection.
• Tanduay Rhum Makers, which won the Open Conference crown, were eliminated and finish last in the succeeding two conferences, announces that the team is headed for disbandment the following year, leaving only two founding members of the PBA.
• The San Miguel Beermen, behind best import Bobby Parks, won the Reinforced Conference crown and their third PBA title since returning in the third conference of last year. SMB coach Norman Black won his first championship as a mentor and he became the third American to steer his team to a PBA title after Jerry Webber and Ron Jacobs.

  Opening ceremonies

Champions

• Open Conference: Tanduay Rhum Makers
• All-Filipino Conference: Great Taste Coffee Makers
• Reinforced Conference: San Miguel Beermen
• Team with best win-loss percentage: Magnolia/San Miguel Beermen
• Best Team of the Year: Great Taste Coffee Makers

  Individual awards

• Most Valuable Player: Abet Guidaben
• Rookie of the Year: Allan Caidic
• Most Improved Player: Elpidio Villamin
• Best Import-Open Conference: David Thirdkill
• Best Import-Reinforced Conference: Bobby Parks
• Mythical Five:
• *Philip Cezar
• *Hector Calma
• *Abet Guidaben
• *Elpidio Villamin
• *Allan Caidic
• Mythical Second Team:
• *Ricardo Brown
• *Arnie Tuadles
• *Ramon Fernandez
• *Bernardo Carpio
• *Ricky Relosa
• All-Defensive Team:
• *Chito Loyzaga
• *Philip Cezar
• *Elpidio Villamin
• *Ricky Relosa
• *Biboy Ravanes

  Cumulative standings