Mark Ynoc, organizer and commissioner of the league said the tournament is organized to help raise funds for scholarships for the less fortunate children in San Remegio.
"These kids are deprived of education due to poverty and we hope by organizing a tournament such as this, we can generate the needed funds to put them into school," Ynoc said.
As of now, a total of 16 teams have sent their intentions to join and 12 have officially paid the registration dues.
Among the teams who will be joining the tournament are DGL Motorsports, which recently won the title in the 1st Southside Basketball Tournament; Prime Movers Express Courier; Monster Radio; Chilean Chicharon; Trust Marketing; Villa San Lorenzo; Caspi; Tsuneishi; Aces; Uhipan; Elvis Enterprises-Friendster Team and M26.
The other teams joining the event sponsored by Daniex Exports-Import Marketing, Blaze Manufacturing Corporation, San Remegio Trucking Service, Motorist Park Petron Service Center, BT 105.9 are Don Bosco Batch '98, Sherilin Plastics and SMCCO.