While Menk was named as the Best Player of the Conference, the Rhum Masters were upset by the veteran-laiden Formula Shell Zoom Masters of eventual-MVP Benjie Paras.
Magsanoc played collegiate ball with Benjie Paras and Eric Altamirano for the University of the Philippines, where he won a championship in 1986, before moving on to play professional basketball in the Philippine Basketball Association.
Lipovitan Slam Dunk Team Competition:Shell's tandem of Elmer Lago and Benjie Paras won over the Ginebra duo of Alexander Coles and Noli Locsin in the finals, finishing third is the San Miguel pair of Victor Pablo and rookie Bryant Punzalan.
Ronnie Magsanoc was named Best Player of the finals series in the first conference, Magsanoc and Benjie Paras were chosen in the year-end awards for the Mythical five first team.