1986 PBA season

Infobox sports season
title =1986 PBA season
logo =
league =Philippine Basketball Association
sport =Basketball
duration =February, 1986 – December, 1986
TV =Vintage Sports (PTV)
season =Season
MVP =Ramon Fernandez
MVP_link =Philippine Basketball Association Most Valuable Player award
seasonslist = List of PBA seasons
seasonslistnames = PBA
prevseason_link =1985 PBA season
prevseason_year =1985
nextseason_link =1987 PBA season
nextseason_year =1987The 1986 PBA season was the twelfth season of the Philippine Basketball Association (PBA). Magnolia filed a leave of absence during the season and Alaska Milk marked its first season in the league.

Champions

* Open Conference: Tanduay Rhum Masters
* All-Filipino Cup: Tanduay Rhum Masters
* Reinforced Conference: Ginebra San Miguel

* Team with best win-loss percentage: Ginebra (42-23, .646)

Individual awards

* Most Valuable Player: Ramon Fernandez (Tanduay)
* Rookie of the Year: Dondon Ampalayo (Ginebra)
* "'Most Improved Player:" Ricky Relosa (Alaska)
* Best Import-Reinforced Conference: Rob Williams (Tanduay)
* Best Import-Open Conference: Michael Young (Manila Beer)
* Mythical Five:
**Ricardo Brown (Great Taste)
**Robert Jaworski (Ginebra)
**Ramon Fernandez (Tanduay)
**Manny Victorino (Great Taste)
**Freddie Hubalde (Tanduay)

* Mythical Second Team:
**Chito Loyzaga (Ginebra)
**Padim Israel (Tanduay)
**Terry Saldana (Ginebra)
**JB Yango (Tanduay)
**Dondon Ampalayo (Ginebra)

* All-Defensive Team:
**Chito Loyzaga (Ginebra)
**Philip Cezar (Shell)
**Yoyoy Villamin (Manila Beer)
**Ricky Relosa (Alaska)
**Padim Israel (Tanduay)

PBAseason
year=1986
Conference 1=Reinforced Conference
Conference 2=All-Filipino Cup
Conference 3=Open ConferencePBA seasons