1998 PBA Governors' Cup
The 1998 Philippine Basketball Association Governors' Cup was the fourth conference of the 1998 PBA season. It started on October 9 and ended on December 9, 1998. The tournament is a two-import format, which requires each team to have two American reinforcements.
Format
The following format will be observed for the duration of the conference:- One-round robin eliminations; Teams' won-loss record in the Centennial Cup were carried over
- The top four teams after the eliminations will advance to the semifinals.
- Semifinals will be two round robin affairs with the standings back to zero.
- The top two teams will face each other in a best-of-seven championship series. The next two teams dispute the third-place trophy in a Best of three series.
Elimination Round
Team standings
| # | Team | W | L | PCT | GB |
| 1 | Mobiline Phone Pals | 9 | 6 | .600 | -- |
| 2 | San Miguel Beermen | 9 | 6 | .600 | -- |
| 3 | Formula Shell Super Unleaded | 9 | 6 | .600 | -- |
| 4 | Purefoods TJ Hotdogs | 9 | 6 | .600 | -- |
| 5 | Pop Cola 800s | 8 | 7 | .533 | 1 |
| 6 | Ginebra San Miguel | 7 | 8 | .467 | 2 |
| 7 | Sta. Lucia Realtors | 6 | 9 | .400 | 3 |
| 8 | Alaska Milkmen | 6 | 9 | .400 | 3 |
Semifinal round
Team standings
| # | Team | W | L | PCT | GB | Playoff |
| 1 | Mobiline Phone Pals | 12 | 9 | .571 | -- | |
| 2 | Formula Shell Super Unleaded | 12 | 9 | .571 | -- | |
| 3 | San Miguel Beermen | 12 | 9 | .571 | -- | |
| 4 | Purefoods TJ Hotdogs | 12 | 9 | .571 | -- |