JIMMY Alapag is set to officially unretire and move from Talk 'N Text to Meralco in a three-team trade also involving Blackwater that has gained the approval of the PBA Commissioner's Office.
Alapag, who retired in February, has resumed practices with Gilas Pilipinas in a bid to shore up a national team backcourt that had been hit by withdrawals of targeted players like Ginebra's LA Tenorio.
It turned out his comeback won't be limited to the national team.
Alapag, 36, is set to resume his PBA career under Norman Black at Meralco, which acquired the rights to the former league MVP in a three-team trade that saw the Bolts give up Mike Cortez and James Sena to Blackwater.
Talk 'N Text, in turn, will get Larry Rodriguez from Blackwater.
Blackwater's participation in the trade was necessary since the PBA bars sister teams like Talk 'N Text and Meralco from making direct trades.
Sources from the PLDT camp confirmed the trade, which was first reported by Interaksyon, has already been approved by the PBA but the league didn't make the official announcement until Friday afternoon.