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MANILA - One of the Philippine Basketball Association's (PBA) fabled franchises will be bidding goodbye to the league. The Alaska Aces announced on Wednesday that they will let go of their franchise after their stint in the Governors' Cup, calling it a "retirement". The decision, according to the team, is in line with the new direction the company, now under the ownership of Royal FrieslandCampina, is tracking. "The new group that comes in probably sees it a little bit differently and doesn't necessarily see the [sports marketing] value the way we did. That's perfectly understandable," Alaska Milk Corporation chairman Fred Uytengsu said in a press conference moments after the announcement was made. Alaska joined the PBA, the first professional basketball league in Asia, in 1986 as an expansion team after San Miguel took a leave from the league. The Beermen would return for the third conference of that season. The Aces, who also carried the monikers A ....

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