The Manuel V. Pangilinan (MVP) Perpetual Trophy, named after the sports-loving boss of PLDT and Smart, is an imposing bronze trophy sculpted by the renowned Juan Sajid Imao, and inspired by the theme Abutin ang Tagumpay (Reaching for Success) showing several hands reaching high for a basketball.
Such a motivating theme is parallel to the objectives of the Philippine Collegiate Champions League (PCCL) of encouraging collegiate basketball teams and players to set and aim for loftier goals, bigger feats and success instead of focusing their efforts within their mother leagues only.
Inspired by several prestigious basketball and golf tournaments in the US, the MVP perpetual trophy will be kept by the PCCL champion team during its reign and have its team name etched on it. The team will also receive a replica.
The right to keep the original trophy for a year goes up for grabs anew in the next season.