The 2006 Philippine Basketball Association (PBA) Philippine Cup or known as the 2006 Gran Matador Brandy Philippine Basketball Association (PBA) Philippine Cup is the second conference of the 2005-06 PBA season.
The tournament has four rounds, the wildcard playoffs, quarterfinals, semi-finals and the Finals. All nine teams are included in the playoffs.
The Purefoods Chunkee Giants defeated Red Bull Barako in six games of the best-of-seven finals series.
Tournament format
Double round classifications. Wildcard playoffs Sixth to Ninth place teams will play in a single round robin, with their win–loss records in the classification phase being carried over. Team with the best record after three games will move to the quarterfinals. If a team wins all three games in the round robin despite not having the best record of the four team, a knockout match will be held against the team with the best record for the final quarterfinals spot. Quarterfinals Fourth seed advance outright to the best-of-five quarterfinals, to meet fifth seed team (QF-A). Third seed advance outright to the best-of-five quarterfinals, to meet winner of the Wildcard playoffs (QF-B). Semi-Finals Second seed advance outright to the best-of-seven semi-finals, to meet winner of the QF-B (SF-A). First seed advance outright to the best-of-seven semi-finals, to meet winner of the QF-A (SF-B). Finals Winners of SF-A and SF-B face off for the best-of-seven Finals for the 2006 Philippine Cup Championship. Losers of SF-A and SF-B face off for a one-game playoff for the Third Place trophy.
Classification round
Team standings
Fifth seed playoff
Coca-Cola captures third outright quarterfinals berth, Air21 is relegated to the wildcard playoffs, a round-robin format.
Wildcard phase
Bracket
Quarterfinals
Games 1 to 4 were held at the Araneta Coliseum. Game 5 of Red Bull vs Ginebra was at the Ynares Center.
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Semifinals
Games 1 to 5 were held in the Araneta Coliseum, while Games 6 and 7 were held at the Cuneta Astrodome.
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Third place playoff
Finals
Broadcasters
The play-by-play commentators are Mico Halili and Ed Picson, while the color commentators are Norman Black, Quinito Henson, Siot Tangquincen and Chot Reyes. The courtside reporters are Richard del Rosario, Eric Reyes, Dominic Uy, Jason Webb and Patricia Bermudez-Hizon. The grand draw of Hope and Winston's Sports Ride promo was also broadcast during the halftime of Game 4 of the finals, as the said event will be the final promotional segment to be sponsored by tobacco companies broadcast during the finals until the Philippine government announced that commercials and sponsorships related to tobacco products on TV and Radio will be banned starting on January 1, 2007.