NCAA Season 68 basketball tournaments

The 1992 NCAA Basketball Tournament was the 68th season in the Philippine National Collegiate Athletic Association (NCAA). The season opens on August 1 at the Araneta Coliseum and ended on October 10 with the Letran Knights regaining the title in the Seniors division and won their 11th NCAA crown.
Seniors' tournament.
Elimination round.
Format:
Cumulative standings.
San Sebastian Stags were on their way to a first round sweep, scoring four straight victories and were leading by 20 points in the second half against Letran, 76-56, in their last assignment in the first round when the Knights rallied back and pulled off a 94-89 comeback victory over the Stags. 
San Sebastian clinch the first round pennant, defeating Mapua Cardinals, 81-74, in their winner-take-all showdown on August 29 at the Rizal Coliseum. 
Letran captured the second round flag, following a 108-93 victory over first round winner San Sebastian Stags in their playoff on September 30. The Knights forge a best-of-three showdown with the Stags for the Senior basketball title. 
Finals.
Game 1.
Ronald Peña pumped in five of his 15 points in an 11-2 Letran run midway in the final half and another five at the height of San Sebastian rally late in the contest to put the Knights ahead, 87-77, with 2:25 remaining. 
Game 2.
Ronald Peña, chosen the season's Most Valuable Player, topscored for the Knights with 22 points, and Gilbert Castillo added 19. From a 77-all deadlock, the game broke wide open on a 15-5 run by the Knights, engineered by Peña. A power outrage hit the area with 42 seconds left. Letran students and supporters pour into the court for an early celebration while waiting for the lights to be restored. 