| 1986 PBA Open Conference | |
|---|---|
| Duration | September 23 – December 11, 1986 |
| TV partner(s) | Vintage Sports (PTV) |
| Finals | |
| Champions | Ginebra San Miguel |
| Runners-up | Manila Beer Brewmasters |
| Awards | |
| Best Import | Michael Young (Manila Beer Brewmasters) |
| PBA Open Conference chronology | |
| PBA conference chronology | |
The 1986 Philippine Basketball Association (PBA) Open Conference was the third and final conference of the 1986 PBA season. It started on September 23 and ended on December 11, 1986. The tournament requires two import each per team with the height limit of 6"3 and 6"6.