Notable Occurrences
- The Tanduay Rhum Masters left the league after three seasons. Their franchise was taken over by the FedEx Express.
- Republic Flour Mills (RFM) sold its subsidiary COSMOS Bottlers Corporation to food company giant San Miguel Corporation. The move also absorbed the Pop Cola Panthers, which gave SMC four PBA ballclubs. After the PBA board gave the go-signal to allow the team to remain in the league, it was renamed as the Coca-Cola Tigers before the start of the 2002 season.
- Talk 'N Text coach Bill Bayno was fined PHP200,000 after publicly criticizing the league and its official. This came after Bayno branded the league as "San Miguel Basketball Association" and charged the league officials are favoring the four SMC-owned teams (San Miguel Beermen, Barangay Ginebra Kings, Coca Cola Tigers and Purefoods TJ Hotdogs).
- This was the last season in which the Commissioner's and Governors Cup were disputed. They were replaced in 2003 by the Invitational and Reinforced Conferences, and eventually the Fiesta Conference.
Read more about this topic: 2002 PBA Season
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