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| Duration | October 1986 | |||||||||||||||
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| Arena(s) | Rizal Memorial Coliseum | |||||||||||||||
| Winning coach | Eddie Reyes | |||||||||||||||
The 1986 NCAA basketball tournament was the 62nd season in the Philippine National Collegiate Athletic Association (NCAA). For the fourth time in five years, the Letran Knights have crowned themselves basketball champions in the Seniors division. The Staglets of San Sebastian College beat comebacking San Beda Red Cubs, 2–1, in their own title series for the Junior division championship.