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 (basketball) (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 Saldaña (Ginebra)
- J.B. Yango (Tanduay)
- Dondon Ampalayo (Ginebra)
- All-Defensive Team:
- Chito Loyzaga (Ginebra)
- Philip Cezar (Shell)
- Yoyoy Villamin (Manila Beer)
- Ricky Relosa (Alaska)
- Padim Israel (Tanduay)
Read more about this topic: 1986 PBA Season
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“Consider any individual at any period of his life, and you will always find him preoccupied with fresh plans to increase his comfort. Do not talk to him about the interests and rights of the human race; that little private business of his for the moment absorbs all his thoughts, and he hopes that public disturbances can be put off to some other time.”
—Alexis de Tocqueville (1805–1859)
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