The season marked the first time without the Multi-titled Toyota Super Corollas, as the ballclub disbanded at the start of the year and sold its franchise to Asia Brewery, which played their first season under the name of Beer Hausen.
Northern Consolidated Corporation (NCC), the national training team coached by Ron Jacobs, played in the first two conferences as guest team.
The PBA was forced to have two All-Filipino Conferences as the nation reeled from year-round economic crisis; the import-laced tournament did return in the Third Conference.
The Crispa Redmanizers played their final season in the PBA, winning their 13th and last championship during the first All-Filipino Conference.
Great Taste Coffeemakers won two titles in the year, becoming the newest dynasty in the pro league.
Ramon Fernandez received his second Most Valuable Player Award, highlighted by a year of more than 20 triple-double performances and a near triple-double average for the whole season.