PBA Governors' Cup

The PBA Governors' Cup is a tournament of the Philippine Basketball Association. Along with the PBA Commissioner's Cup, the tournament is one of the two conferences that allows teams to hire a single foreign player, also known as an "import". The tournament was first held in 1993 as the third conference of the PBA season.

It was discontinued in 2003 when the Reinforced Conference was revived. From 2004 to 2010, the league only held two conferences in a season; one All-Filipino tournament, named as the Philippine Cup and one with imports, named as the Fiesta Conference The tournament was re-instated in 2011 as the third conference of the PBA season after the league re-adopted the three conference format.

The Governors' Cup also refers to the trophy awarded to the champion team.

History
During the 1993 PBA season, the league renamed the Third Conference as the Governors' Cup, a reference the members of the PBA Board of Governors. The singular name "Governor" refers to the board representative of each team. The conference usually was the last tournament held in a PBA season.

After San Miguel won the first Governors Cup in 1993, Alaska dominated the tournament from 1994-1997. In 1998, due to the league's commitment with the Philippine Centennial Team, they allowed each team to take two imports with a combined height of 12 feet. Shell, with no players taken for the national team, won the tournament over Mobiline.

San Miguel Beer won the tournament from 1999-2000 before Sta. Lucia upset the Beermen a year later, giving the Realtors its first PBA title. In 2002, due to the league's commitment to the national team, the Governors Cup became the first conference, while moving the All-Filipino Conference as its third and last tournament. Since most of the team's star players are with the national squad, the PBA once again allowed team's to take two imports with a 12-feet maximum height limit. Purefoods beat Alaska in seven games to win the title.

The tournament was retired in 2003 after the re-introduction of the Reinforced Conference as the third conference of the season but was eventually reactivated in 2011 after the league restored the three-conference season format.

Tournament format
From 1993 to 1995, the teams were divided to two groups in the elimination round. The teams in the same group will play against each other once and against teams in the other group twice. After the eliminations, the top five teams will advance to a double-round robin semifinals. A playoff incentive will be given to a team that will win five of their eight semifinal games should they fail to get the top two finals berths. The top two teams (or the #1 team and the winner of the playoff between team with at least 5 semifinal wins and the #2 team) will face each other in a best-of-seven championship series.

In 1996, the league adopted a quarterfinal-semifinal playoff format with the top two seeds advancing automatically to the semifinals and the next four teams will be matched up in the quarterfinals after the eliminations.

A different tournament format was used in 1998 when it carried over the elimination standings of the preceding Centennial Cup. The teams were pitted again in a single round robin eliminations with the top four teams advancing to the semifinals. The remaining teams will compete in a single round robin semifinals, with the top two teams advancing in the finals.

In 1999, a new quarterfinal-semifinal playoff format was introduced due to the entry of the Tanduay Rhum Masters. The top eight teams after a round-robin eliminations will advance to the quarterfinals. The top two seeds will have a twice-to-beat advantage against the last two seeded teams. Other seeded teams will compete in a best-of-three playoffs.

After the reintroduction of the tournament in 2011, the league adopted a tournament format similar on what was used in 1995. Dubbed as the "classic PBA format", the tournament begins in a single round robin eliminations. The top six teams will advance in a single round robin semifinals. A playoff incentive will be given to a team that will win four of their five semifinal games should they fail to get the top two finals berths. The top two teams (or the #1 team and the winner of the playoff between team with at least 5 semifinal wins and the #2 team) will face each other in a best-of-seven championship series.

The tournament format since the 2013 edition was changed to a quarterfinal-semifinal playoff format. The top eight teams after a single round-robin elimination round will advance to the quarterfinals. The top four teams will have a twice-to-beat incentive against their opponents during this round. The winners will advance to a best of five semifinal round and the winners of this round will meet in a best-of-seven championship series.

List of champions

 * 1993 - San Miguel Beermen def. Swift Mighty Meaty Hotdogs (4-1)
 * 1994 - Alaska Milkmen def. Swift Mighty Meaty Hotdogs (4-2)
 * 1995 - Alaska Milkmen def. San Miguel Beermen (4-3)
 * 1996 - Alaska Milkmen def. Ginebra San Miguel (4-1)
 * 1997 - Alaska Milkmen def. Purefoods Carne Norte Beefies (4-1)
 * 1998 - Formula Shell Zoom Masters def. Mobiline Phone Pals (4-3
 * 1999 - San Miguel Beermen def. Alaska Milkmen (4-2)
 * 2000 - San Miguel Beermen def. Purefoods TJ Hotdogs (4-1)
 * 2001 - Sta. Lucia Realtors def. San Miguel Beermen (4-2)
 * 2002 - Purefoods TJ Hotdogs def. Alaska Aces (4-3)
 * 2003–2010 - No Tournament held
 * 2011 - Petron Blaze Boosters def. Talk 'N Text Tropang Texters (4-3)
 * 2012 - Rain or Shine Elasto Painters def. B-MEG Llamados (4-3
 * 2013 - San Mig Coffee Mixers def. Petron Blaze Boosters (4-3
 * 2014 - San Mig Super Coffee Mixers def. Rain or Shine Elasto Painters (3-2)
 * 2015 - San Miguel Beermen def. Alaska Aces (4-0)
 * 2016 - Barangay Ginebra San Miguel def. Meralco Bolts (4-2)
 * 2017 - Barangay Ginebra San Miguel def. Meralco Bolts (4-3)
 * 2018 - Magnolia Hotshots def. Alaska Aces (4-2)
 * 2019 - Barangay Ginebra San Miguel def. Meralco Bolts (4-1)
 * 2020 - No Tournament held due to COVID-19