Pilipinas MX3 Kings were a Filipino
basketball team that played in the
ASEAN Basketball League (ABL).[1] They only played one season in the ABL, mainly because of the difficulties after
Manny Pacquiao pulled out his financial support.
History
The team was originally known as Mindanao Aguilas. After
Manny Pacquiao became one of the team's owners, the name was changed to Pacquiao Powervit Pilipinas Aguilas.[2]
In October 2015, the
Pilipinas Legends Group became a co-owner of the team and took over the team's management.[3] The following month, the team was acquired by SportsLegends Managers, Inc. and renamed Pilipinas MX3 Kings, through a sponsorship arrangement with DMI Medical Supply Co., Inc. (makers of MX3 Capsule and Tea). The team was renamed after the withdrawal of Pacquiao as a co-owner of the team, thus making the Pilipinas Legends / SportsLegends Group of Dick Balajadia the new majority owner.[4] Jean Michael Alabanza was appointed as the new team manager and
Chito Loyzaga was appointed as team consultant.[5] The team's home venue is the
San Juan Gymnasium.[6]
The team ended the 2015–16 ABL season in last place[9] with a record of 2 wins and 18 losses, the worst record by a Filipino team in the league's history.