| Tournament details | |
|---|---|
| Country | South Korea |
| Dates | 10 May – 6 June 1998 |
| Teams | 10 |
| Final positions | |
| Champions | Busan Daewoo Royals (3rd title) |
| Runner-up | Bucheon SK |
| Tournament statistics | |
| Matches played | 45 |
| Goals scored | 125 (2.78 per match) |
| Top goal scorer(s) | Kim Jong-kun (7 goals)[1] |
The Philip Morris Korea Cup 1998 was the tenth competition of the Korean League Cup, and one of two Korean League Cups held in 1998.