PBA News
January 17, 1997

PureFoods trades Racela to San Miguel for 'nothing'.
Is there a conspiracy among members of the Philippine Basketball Association to get back at Mobiline for raiding their ranks of top players? This seems to be the case after Pure Foods, in one of the most unusual player trades this season, shipped pointguard Olsen Racela to San Miguel Beer in exchange for virtually nothing. Racela's agent-manager Danny Espiritu revealed yesterday that Pure Foods released Racela to San Miguel for two second round picks in the next three years beginning in 1998.

Observers said the exchange virtually gave nothing to Pure Foods as second rounds picks are practically composed of discards who mostly sat as bench warmers. But the trade was interpreted as expressing Pure Foods' disgust at Mobiline which had been raiding PBA teams with mind-boggling financial offers that has led to an ever-escalating salary demands by players. The 5-foot-11 Racela will reportedly get P12 million for three years, about P333,000 a month, that would make him probably one of the highest-paid if not the highest paid Beerman.

But why the lopsided deal?
League-observers believe that it was done to spite Mobiline which has made it a habit to give astronomical offer sheets. They cited the time when Pepsi Cola, then Mobiline's franchise name, offered Alvin Patrimonio P25 million which Pure Foods was forced to match. That transaction became a PBA milestone. Blue chip players began asking big salaries and the salary cap was instituted. Earlier, Mobiline snared Jeffrey Cariaso from Alaska by offering him a P400,000 monthly salary. -NOEL RODRIGUEZ

Jacobs' our man - SMB

January 16,1997
BCAP: Jacobs appointment may be illegal.

If they don't like me, I won't coach - Jacobs

Six beat deadline for PBA rights

January 15,1997
San Miguel appoints Jacobs as new coach.

Forget the Fil-Ams, here's a slew of choices on draft day.

ABS-CBN, 4 others to vie for PBA TV rights.

January 14,1997
Mobiline snares another big one in Racela.

PBA update on IBC-13.

January 13,1997
Alaska speaks with fork tongue.

PBA games score big in viewership.

Source: Manila Bulletin Online

Copyright 1997 NGETSKA

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