Racela's agent-manager Danny Espiritu revealed that Racela, who has been vacationing in Bacolod while weighing his options, have agreed to sign the Mobiline offer sheet. Racela's mother team, Pure Foods, reportedly is now frantically trying to arrange a trade which would allow the 5'11 pointguard to go to Mobiline in exchange for Elmer Cabahug. No matter what happens, Racela is unlikely to don a Pure Foods jersey in the upcoming PBA season. Cabahug, who used to play for Pure Foods before being snared by Mobiline in 1994, is being subjected to all kinds of trade rumors including that of Sunkist's Ato Agustin and the now-Cellular Jeffrey Cariaso.

Mobiline earlier got Cariaso from Alaska in a lightning deal last Friday in exchange for Dwight Lago and a first round pick in 2001. In a press conference last week, coach Norman Black of Mobiline said that his team needs an offensive-minded forward and a pointguard. It seems that he will get his wishes in time for the start of the 1997 PBA season.

In another development, Shell team manager Jimmy Aizon bared that 1996 revelation Peter Naron would sign today a three-year P4.5 million pact. Meanwhile, Sunkist Bottlers won the first- ever league lottery for a blue chip rookie but it was Mobiline which took home the prize - the 6-foot-8 Fil-American Andrew John Seigle - in a rather uneventful PBA Board of Governors annual meeting yesterday at the Manila Peninsula. Bottlers team manager Elmer Yanga drew the ball that awarded them the right to pick first in the Jan. 19 rookie draft. The RFM Corp., however, immediately gave up its bid of Seigle and instead announced its drafting of another promising Fil- American - 6-6 Nicolas Belasco. The Cellulars, who got two balls as against the one of Sunkist in the lottery, had long time ago negotiated for the acquisition of Seigle in exchange for their first round draft pick in 1998.

The act, in fact, was just a formality. Also formalized was the ascencion of San Miguel Corp. representative Nazario Avendano as board chairman, succeeding Teddy Dimayuga of Pure Foods. -NOEL RODRIGUEZ and EDGARD HILARIO