| Brazen @87 | ||||||||||||||||
| Host school | University of Perpetual Help System DALTA | |||||||||||||||
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| Duration | October 24–26, 2011 | |||||||||||||||
| Arena(s) | Smart Araneta Coliseum | |||||||||||||||
| Finals MVP | Dave Marcelo | |||||||||||||||
| Winning coach | Frankie Lim (4th title) | |||||||||||||||
| Semifinalists |  Letran Knights JRU Heavy Bombers | |||||||||||||||
| TV network(s) | Studio 23, The Filipino Channel, Balls HD | |||||||||||||||
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| Duration | October 24-November 3, 2011 | |||||||||||||||
| Arena(s) | Smart Araneta Coliseum (Game 1) Filoil Flying V Arena (Games 2 & 3) | |||||||||||||||
| Finals MVP | Francis Abarcar | |||||||||||||||
| Winning coach | Britt Reroma (2nd title) | |||||||||||||||
| Semifinalists | Letran Squires EAC–ICA Brigadiers | |||||||||||||||
| TV network(s) | Studio 23, Balls HD (Game 1 only) | |||||||||||||||
The basketball tournaments of NCAA Season 87 are the Philippines' National Collegiate Athletic Association tournaments for basketball in its 2011–12 season. University of Perpetual Help System DALTA hosted the season, starting with an opening ceremony held on July 2, 2011 followed by a triple-header game. Games then are subsequently being held at Filoil Flying V Arena, with men's games on Wednesdays, Fridays and select Monday games aired by Studio 23.
In the men's tournament, the San Beda Red Lions successfully defended their championship, sweeping the San Sebastian Stags in a rematch of the last two championship series. Both teams started undefeated, with San Sebastian winning the first round finale against the Red Lions, finally ending San Beda's league record 26-game winning streak. The Stags extended their winning streak to 15 games until they were defeated by the Letran Knights. The Red Lions, after being beaten by the JRU Heavy Bombers, ended the second round with a six-game winning run. They beat San Sebastian in the last elimination round game to force a playoff for the first seed, a game they subsequently won. The Red Lions then met JRU in the semifinals, which also had their own six-game winning run after a 3–9 start. The Red Lions won, advancing to the finals for the sixth consecutive year. The Stags and the Knights met in the other semifinal, where the Knights extended the series to a deciding game; the Stags won on Game 2 to qualify for the finals anew. In the Finals, San Beda won Game 1 convincingly, while the Stags missed on a chance to force overtime on Game 2 to give San Beda their second consecutive title. Dave Marcelo was named the Finals MVP.
In the juniors' tournament, the San Beda Red Cubs won all 18 elimination round games to qualify outright to the finals with the thrice to beat advantage. The EAC-ICA Brigadiers, a team under probation, qualified for their first NCAA playoff appearance; they were beaten in the first round of the stepladder series by the La Salle Green Hills Greenies to face the Letran Squires in the next round. The Greenies led for much of the game until they quelled an end-game rally by Letran to clinch the school's first NCAA finals berth. The Greenies prevented a Red Cubs season sweep, winning Game 1 of the finals.