The Magnolia Hotshots season was the 33rd season of the franchise in the Philippine Basketball Association (PBA).

Key dates

March 14: The PBA Season 46 draft was held at the TV5 Media Center in Mandaluyong.

2021 Magnolia Hotshots season

Draft picks

Roster

Philippine Cup

Eliminations

Standings

Game log

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| 1

| July 17

| Phoenix

| W 80–73

| Calvin Abueva (26) | Calvin Abueva (10) | Jio Jalalon (6) | Ynares Sports Arena | 1–0 |-bgcolor=ccffcc | 2 | July 21 | Alaska | W 84–82 | Ian Sangalang (26) | Calvin Abueva (10) | Mark Barroca (6) | Ynares Sports Arena | 2–0 |-bgcolor=ccffcc | 3 | July 25 | Barangay Ginebra | W 89–79 | Paul Lee (22) | Corpuz, Reavis (12) | Mark Barroca (6) | Ynares Sports Arena | 3–0 |-bgcolor=ccffcc | 4 | July 30 | Terrafirma | W 105–83 | Ian Sangalang (18) | Calvin Abueva (8) | Jio Jalalon (9) | Ynares Sports Arena | 4–0

2021 Magnolia Hotshots season

|-style="background:#ffcccc" | 5 | September 1 | Meralco | L 94–95 | Paul Lee (21) | Calvin Abueva (14) | Mark Barroca (4) | DHVSU Gym | 4–1 |-style="background:#ccffcc" | 6 | September 3 | Blackwater | W 94–78 | Barroca, Sangalang (16) | Calvin Abueva (10) | Mark Barroca (7) | DHVSU Gym | 5–1 |-style="background:#ffcccc" | 7 | September 5 | TNT | L 76–83 | Calvin Abueva (23) | Ian Sangalang (10) | Jio Jalalon (4) | DHVSU Gym | 5–2 |-style="background:#ccffcc" | 8 | September 8 | NLEX | W 112–105 (2OT) | Calvin Abueva (23) | Calvin Abueva (12) | Jio Jalalon (9) | DHVSU Gym | 6–2 |-bgcolor=ffcccc | 9 | September 10 | Rain or Shine | L 72–75 | Ian Sangalang (21) | Calvin Abueva (13) | Paul Lee (5) | DHVSU Gym | 6–3 |-style="background:#ccffcc" | 10 | September 17 | NorthPort | W 90–89 | Ian Sangalang (26) | Ian Sangalang (10) | Mark Barroca (8) | DHVSU Gym | 7–3 |-style="background:#ccffcc" | 11 | September 19 | San Miguel | W 100–90 | Paul Lee (32) | Ian Sangalang (12) | Paul Lee (5) | DHVSU Gym | 8–3

2021 Magnolia Hotshots season

Playoffs

Bracket

Game log

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| 1

| September 26

| Rain or Shine

| W 81–70

| Paul Lee (20) | Abueva, Sangalang (13) | Mark Barroca (5) | DHVSU Gym | 1–0 |-bgcolor=ccffcc | 2 | September 30 | Rain or Shine | W 96–86 | Paul Lee (24) | Calvin Abueva (19) | Jio Jalalon (6) | DHVSU Gym | 2–0

|-bgcolor=ccffcc

| 1

| October 3

| Meralco

| W 88–79

| Ian Sangalang (18) | Rafi Reavis (10) | Mark Barroca (6) | DHVSU Gym | 1–0 |-bgcolor=ccffcc | 2 | October 6 | Meralco | W 92–78 | Paul Lee (28) | Calvin Abueva (11) | Mark Barroca (6) | DHVSU Gym | 2–0 |-bgcolor=ffcccc | 3 | October 8 | Meralco | L 86–91 | Paul Lee (18) | Abueva, Sangalang (7) | Jio Jalalon (9) | DHVSU Gym | 2–1 |-bgcolor=ccffcc | 4 | October 10 | Meralco | W 81–69 | Abueva, Barroca, Sangalang (17) | Calvin Abueva (12) | Mark Barroca (6) | DHVSU Gym | 3–1 |-bgcolor=ffcccc | 5 | October 13 | Meralco | L 98–102 | Mark Barroca (25) | Ian Sangalang (14) | Calvin Abueva (6) | DHVSU Gym | 3–2 |-bgcolor=ccffcc | 6 | October 15 | Meralco | W 93–85 | Ian Sangalang (19) | Ian Sangalang (14) | Ian Sangalang (6) | DHVSU Gym | 4–2

|-bgcolor=ffcccc

| 1

| October 20

| TNT

| L 70–88

| Corpuz, Lee (12) | Abueva, Corpuz (11) | Jio Jalalon (3) | DHVSU Gym | 0–1 |-bgcolor=ffcccc | 2 | October 22 | TNT | L 93–105 | Ian Sangalang (25) | Calvin Abueva (11) | Jio Jalalon (8) | DHVSU Gym | 0–2 |-bgcolor=ccffcc | 3 | October 24 | TNT | W 106–98 | Paul Lee (21) | Rafi Reavis (9) | Ian Sangalang (5) | DHVSU Gym | 1–2 |-bgcolor=ffcccc | 4 | October 27 | TNT | L 89–106 | Calvin Abueva (28) | Ian Sangalang (10) | Jio Jalalon (8) | DHVSU Gym | 1–3 |-bgcolor=ffcccc | 5 | October 29 | TNT | L 79–94 | Ian Sangalang (18) | Rafi Reavis (10) | Mark Barroca (6) | DHVSU Gym | 1–4

Governors' Cup

Eliminations

Standings

Game log

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| 1

| December 15

| Terrafirma

| W 114–87

| Mike Harris (30) | Mike Harris (15) | Mark Barroca (7) | Smart Araneta Coliseum | 1–0 |-bgcolor=ccffcc | 2 | December 19 | Rain or Shine | W 109–98 | Mike Harris (26) | Calvin Abueva (9) | Jio Jalalon (10) | Smart Araneta Coliseum | 2–0 |-bgcolor=ccffcc | 3 | December 25 | Barangay Ginebra | W 117–94 | Mike Harris (29) | Mike Harris (15) | Jio Jalalon (9) | Smart Araneta Coliseum4,843 | 3–0