NCAA Season 81 basketball tournaments
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| Host school | Colegio de San Juan de Letran | |||||||||||||||
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| Duration | September 19 to 23 | |||||||||||||||
| Arena(s) | Araneta Coliseum | |||||||||||||||
| Finals MVP | Boyet Bautista | |||||||||||||||
| Winning coach | Louie Alas | |||||||||||||||
| Semifinalists |
 Mapúa Cardinals San Sebastian Stags
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| TV network(s) | Studio 23 and TFC | |||||||||||||||
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| Duration | September 19 to 21 | |||||||||||||||
| Arena(s) | Araneta Coliseum | |||||||||||||||
| Finals MVP | Eric Salamat | |||||||||||||||
| Semifinalists |
 PCU Baby Dolphins JRU Light Bombers
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| TV network(s) | Studio 23 and TFC | |||||||||||||||
The NCAA Season 81 basketball tournaments are the postseason tournaments of the National Collegiate Athletic Association for basketball at the 2005–06 season. The tournaments are divided into two divisions: the Juniors tournament for male high school students, and the Seniors tournament for male college students.
The Letran Knights defeated the PCU Dolphins, 2 games to 1 in the seniors tournament to take their 16th title, with Boyet Bautista as the Finals MVP.
In the juniors division, the San Sebastian Staglets swept the San Beda Red Cubs, 2-0, to take their second title, as Eric Salamat won Finals MVP honors.
Host team in boldface.
The Knights had an amazing streak of eleven straight wins right from opening day. The streak was threatened when they faced fellow unbeaten team, the PCU Dolphins, at the end of the first round. Both sporting 6-0 records, the game went into overtime, and Boyet Bautista and John Paul Alcaraz saved the day for the Knights beat the Dolphins resulting a first round sweep.
The streak ended when the Mapua Cardinals, led by the former All-Canadian Kelvin dela Peña beat the Knights as Letran failed to stop dela Peña and collapsed at the end game.(If Letran wins against Mapua in the 2nd round the Knights can already score a 14-0 sweep of the eliminations) The Knights recovered as they blew out the Stags, and swept the regular season series vs. PCU in the season finale.
The defending champions PCU Dolphins also had their own 6-0 streak, beating Mapua and CSB. But it was ended by Letran (see above) in a tight contest.
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