Connect with us

Hi, what are you looking for?

Tiebreaker Times

Basketball

Ricky Vargas returns as NLEX-TNT swap chairmanship

After seven years, former TNT governor and current Maynilad President/CEO Ricky Vargas returns to the PBA. And he will be immediately thrown into the fire as Vargas was named as the chairman of the PBA for its 43rd season.

“I was gone for seven years and now I’m back,” the amiable executive said during a press conference, Sunday afternoon.

Besides Vargas, the board of governors stood united. Magnolia’s Robert Non, Ginebra’s Alfrancis Chua, Globalport’s alternate governor Erick Arejola, NLEX’s Ramoncito Fernandez, Meralco’s Al Panlilio, Blackwater’s Silliman Sy, San Miguel’s Rene Pardo, Kia’s Bobby Rosales, and Rain or Shine’s Mert Mondragon stood side by side while league vice chairman Dickie Bachmann and treasurer Raymond Zorilla sat beisde him.

Fernandez was supposed to take over as league chairman this season but a swap between the two sister teams occured Sunday morning.

“NLEX so graciously gave way that resulted to a swap between NLEX and Talk ‘N Text, where NLEX graciously gave the opportunity to be the chair for this year in exchange for NLEX getting our slot,” disclosed Vargas.

With this, Vargas was grateful to the entire board for allowing this to happen as this will be the start of the league’s healing process after being under fire for the past few months.PBA-Season-43-Opening-Press-Conference Ricky Vargas returns as NLEX-TNT swap chairmanship Basketball News PBA  - philippine sports news

“I’d like to thank some people who made us stronger than ever and never gave up during the cris the PBA went through a couple of months ago.

“One is Alfrancis Chua who was always there and looking for solutions. Bobby Rosales who never gave up. Al Panlilio was was beside me and worked towards a resolution,” he shared.

#ReadMore  Ricky Dandan sees Jon Gabriel as bright spot for Kia

Moreover, he was grateful to former TNT governor Pato Gregorio for stepping aside for this to happen.

“Pato unlocked all of this, using his magic to reach an agreement between both parties.”

According to Vargas, the changes in chairmanship and the resignation of Chito Narvasa was done with the fans in mind.

“We’re stronger than ever and we will stay like that as we begin the healing process,” he said.

“This is all for the fans.”

Written By

You May Also Like

Archery

Members of the Philippine archery team paid a courtesy call on Philippine Sports Commission chairman Pato Gregorio on Wednesday following their remarkable showing at...

AU

After 12 years, the National Collegiate Athletic Association of the Philippines is returning to the MVP Group. The NCAA officially named Cignal TV as...

News

The long-envisioned Sports University, once considered a distant ambition, is now closer to becoming a reality as the Philippine Amusement and Gaming Corporation throws...

2027 FIBA Women's Asia Cup

Newly opened SM Seaside Arena will take center stage next year after it was officially unveiled as the host venue of the FIBA Women’s...

Golf

For the first time in eight years, the National Golf Association of the Philippines will increase its handicapping system fees—not to generate more income,...

Basketball

Filipino sports fans will have the chance to witness two of the country’s biggest sporting events on one stage as the Philippine Sports Commission...

News

The Asia Pacific Padel Cup 2026 officially opened on Thursday, ushering in four days of competition featuring teams from across the Asia-Pacific region. Now...

News

Philippine Sports Commission chairman Pato Gregorio capped the ICTSI Philippine Athletics Championships 2026, presented by the Philippine Sports Commission, with high praise and forward-looking...

Advertisement