Titan Ultra officially joins PBA for P90 million, replaces NorthPort Batang Pier

Titan Ultra, owned by Pureblends Corporation, has been formally welcomed as the newest member of the PBA for its 50th season after acquiring the NorthPort Batang Pier franchise.

The PBA Board of Governors approved the purchase, officially ending the Batang Pier's 13-season tenure in the league.

The new team will be known as the Titan Ultra Giant Risers and was purchased for a reported P90 million.

The purchase was initially approved last month during the annual PBA Board meeting in Las Vegas, with the announcement delayed due to Pureblends Corporation's compliance with documentary requirements.

The team, led by veterans Calvin Abueva, Joshua Munzon, Cade Flores, and Von Pessumal, will have former Terrafirma coach Johnedel Cardel at the helm.

Titan Ultra, featuring an inexperienced roster that includes No. 4 pick Chris Koon, is set to debut on October 8 against the Meralco Bolts.

Team governor Emil Tiu acknowledged the team's challenge but plans to develop good players within two to three years.

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