THE status of Terrafirma will be known on Friday with the league expected to make an official statement on the matter.
A PBA board meeting was held on Thursday with one of the agenda being the status of the Dyip franchise and whether it has been sold to another party or not. The sale, if there was such, required the approval of the board.
READ Terrafirma disbands team amid uncertainty of franchise sale
Terrafirma team governor Bobby Rosales said PBA commissioner Willie Marcial will be making the announcement on Friday.
“Commissioner will make the announcement later,” Rosales said in a brief response to SPIN.ph as to the status of the team.
Sources, however, revealed that the deal is off between Terrafirma and Zamboanga Valientes, one of the parties that expressed interest in purchasing the franchise.
There were also talks about the disbandment of the franchise, but Marcial assured in an interview on the day of the PBA Philippine Cup finals press conference that there will be 12 teams next season, either be it Terrafirma or a different party.
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As a result of the disbandment, Terrafirma veteran Stanley Pringle has been allowed to sign a free-agent contract with Rain or Shine.
The Dyip have been a perennial cellar dweller since coming in as an expansion team in 2014, with only two playoff appearances in their resume. Terrafirma only had a 3-30 record in the 2024-25 season, possibly their last in the league.
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