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Welcoat Paints

Rain or Shine Elasto Painters
2016–17 Rain or Shine Elasto Painters season
Rain or Shine Elasto Painters logo
History
Welcoat Dragons (2006–2008)
Rain or Shine Elasto Painters (2008–present)
Joined PBA 2006
Team colors Blue, Red, Yellow, and White
                   
Company Asian Coatings Philippines, Inc.
Owner(s) Raymond Yu and Terry Que
Board governor Mamerto Mondragon
Edison Oribiana (alternate)
Team manager Mamerto Mondragon
Jay Legacion (assistant)
Head coach Philippines Caloy Garcia
Championships

2 championships

2012 Governors'
2016 Commissioner's

6 Finals appearances
Uniforms
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Light jersey
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Team colours
Light
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Dark jersey
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Team colours
Dark
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Alternate jersey
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Team colours
Alternate
Welcoat Paints (PBL)
Leagues Philippine Basketball League
Founded 1996
History Welcoat House Paints
1996–2001
Welcoat Paint Masters
2001–2005
St. Benilde-Rain or Shine Elasto Painters
2005–2006
Location Philippines
Team colors Red, white
President Raymund Yu and Terry Que
Head coach Gabby Velasco
Junel Baculi
Leo Austria
Caloy Garcia
Championships

6 PBL championships
1998–1999 Challenge
1999–2000 2nd Challenge
1999–2000 Chairman's
2000–2001 Chairman's
2002–2003 Challenge

2004–2005 Unity
Welcoat Dragons
Uniforms
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Light uniform jersey
Team colours
Team colours
Light uniform
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Dark uniform jersey
Team colours
Team colours
Dark uniform

2 championships

2012 Governors'
2016 Commissioner's

6 PBL championships
1998–1999 Challenge
1999–2000 2nd Challenge
1999–2000 Chairman's
2000–2001 Chairman's
2002–2003 Challenge

The Rain or Shine Elasto Painters are a professional basketball team in the Philippine Basketball Association owned by Asian Coatings Philippines, Inc. It debuted in the league in the 2006–07 PBA season after acquiring the franchise rights of the Shell Turbo Chargers in 2006, which disbanded after the 2004–05 PBA season.

From 1996–2006, the franchise played in the Philippine Basketball League, carrying the name Welcoat House Paints, Welcoat Paintmasters and the St. Benilde-Rain or Shine Elasto Painters, winning a total of six championships.

The Rain or Shine Elasto Painters debuted in the Philippine Basketball League in 1996 as the Welcoat Paint Masters. Its first championship came in the 1999 Challenge Cup, winning 3-0 over Red Bull Energy Drink. Welcoat was considered as one of the two teams to enter the PBA before the 2000 season but lost out to Red Bull. Since then, the Paint Masters won five more championships, fielding in the best amateur and former Metropolitan Basketball Association players available, most notably Don Allado, Renren Ritualo, Yancy de Ocampo, Rommel Adducul, Ronald Tubid, James Yap, Paul Artadi, and Jay Washington. One of its biggest rivals from 2000–2002 was Shark Energy Drink, with PBA players Chester Tolomia (later joined Welcoat in 2004), Roger Yap, and later Rain or Shine member Gilbert Malabanan, as both teams engaged in four straight finals series, splitting both series in the process.


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