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  Sorry loss to Meralco fueled Aaron Fuller, NLEX

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

Basketball

The Philippine Sports Commission and the Samahang Basketbol ng Pilipinas on Sunday praised the Fil-Chinese Athletic Association Inc. for staging its basketball tournament, calling...

Basketball

Macau is finally taking its act to the PBA Commissioner’s Cup. PBA officials and the management of the Macau-based ballclub formally signed a Memorandum...

Football

By: Icko de Guzman Coming off a strong 2025—highlighted by Philippine football breaking barriers through a collective surge and capped by the Filipinas’ gold...

Golf

The stage is set, as more than 130 players vie for the Philippine Golf Championship, presented by the Philippine Sports Commission, which will kick...

Golf

The Asian Tour will open its new season on home soil under a fresh banner, as the Philippine Golf Championship presented by the Philippine...

News

By: Waylon Galvez Philippine Sports Commission chairman Pato Gregorio on Tuesday assured the country’s readiness to host the first-ever WTA 125 Manila, set from...

2025 FIFA Futsal Women's World Cup

The Philippines’ historic hosting of the first-ever FIFA Futsal Women’s World Cup was more than a showcase of organizational excellence—it was a powerful reflection...

News

The inaugural Philippine Women’s Open is set to serve up world-class tennis as former world No. 2 and Paris Olympic silver medalist Donna Krevic...

Advertisement