| 1987 PABL season | |
|---|---|
| Duration | March 7 – December 18, 1987 |
| Number of teams | 8 + 2 |
| Season MVP | Alvin Patrimonio |
| International Invitational Cup champions | RFM-Swift Hotdogs |
| International Invitational Cup runners-up | YCO Shine Masters |
| Freedom Cup champions | YCO Shine Masters |
| Freedom Cup runners-up | RFM-Swift Hotdogs |
| Maharlika Cup champions | Magnolia Ice Cream |
| Maharlika Cup runners-up | RFM-Swift Hotdogs |
The 1987 PABL season is the fifth season of the Philippine Amateur Basketball League (PABL).