1998 San Miguel Beermen season
|1998 San Miguel Beermen season|
|Head coach||Ron Jacobs|
|Owner(s)||San Miguel Corporation|
|All-Filipino Cup results|
|Commissioner's Cup results|
|Centennial/Governors Cup results|
|San Miguel Beermen seasons|
The 1998 San Miguel Beermen season on their 24th season in the Philippine Basketball Association (PBA).
|Noy Castillo (2nd overall pick) Draft rights acquired from Pop Cola during the Asaytono-Agustin trade in 1996|
|William Antonio (5th overall pick)|
- Traded their first round pick, Tito "Noy" Castillo to Formula Shell in exchange for center Danny Ildefonso, the number 1 draft pick chosen by Shell.
- Traded Paul Alvarez to Gordon's Gin in exchange for Fil-am Steven Smith, the Boars' first round pick in the rookie draft.
February 1: Opening of the PBA's 24th.season, San Miguel Beer defeated Pop Cola, 86-67 in the lone game. 
April 14: San Miguel Beer clinch win number 14 in 20 games and booked the first finals berth of the Centennial All-Filipino Cup, with an 89-69 victory over Pop Cola, the beermen reach the finals for the first time under coach Ron Jacobs.
- Danny Ildefonso won the Rookie of the year honors
- Freddie Abuda won the sportsmanship award
The San Miguel Beermen played in the championship series during the first two conferences of the 1998 season opposite the Alaska Milkmen, the beermen had the best record of 15-6 in the All-Filipino Cup, the best-of-seven finals went to a deciding seventh game, San Miguel blew a 3-2 series advantage, lost Game 6 by a mile and the final game, 63-72 at the jampacked Araneta Coliseum on May 8.
In the Commissioner's Cup, the beermen bring back last year's best import Jeff Ward, but decided to replaced him with another returnee, Lamont Strothers, San Miguel Beer and Alaska Milk played again in the finals rematch, wherein the beermen lost in 6 games in the championship series.