The Magnolia Chicken Timplados Hotshots, or simply known as the Magnolia Hotshots, are a professional basketball team in the Philippine Basketball Association. The team is owned by San Miguel Food and Beverage, Inc., a subsidiary of San Miguel Corporation (SMC). The team is one of three PBA ball clubs currently owned by the SMC group of companies, along with Barangay Ginebra San Miguel and the San Miguel Beermen. They have 14 PBA championships, tied with the Alaska Aces for the third-most overall. The franchise plays under numerous brand names of the company but is best known by its original name, Purefoods. It remains as one of the most popular teams in the PBA, winning fourteen PBA titles and is the fourth team in PBA history to win a Grand Slam. The players most identified with the franchise are Alvin Patrimonio, James Yap, and Marc Pingris, among others. Patrimonio, a Mapua University standout, led the franchise to six championships and was named Most Valuable Player four times. Patrimonio retired in 2004 and currently serves as its team manager. Yap led Purefoods to seven titles including a notable grand slam in 2013–14, which is the only grand slam in the history of the franchise and received multiple MVP awards as well. While Pingris was named to the PBA's 40 greatest players playing alongside Yap as the team's enforcer and rebounder. He was a vocal leader of the famous 2013 Gilas Pilipinas team that defeated South Korea and bagged a medal. History Prior to joining the PBA in 1988, Purefoods was a member of the Philippine Amateur Basketball League (PABL, later renamed the Philippine Basketball League) and was one of the strongest teams during its tenure with the amateur league. In early 1988, Pure Foods Corporation (then, a subsidiary of Ayala Corporation) acquired the PBA franchise of the original Tanduay team, after Elizalde & Company, Inc. announced it was leaving the PBA. In 2001, Pure Foods Corporation, including its PBA franchise, was sold by Ayala Corporation to San Miguel Corporation. The following year, Pure Foods Corporation was renamed San Miguel Pure Foods Company, Inc. The franchise continued to play under the Purefoods banner until 2010. Beginning 2010, the franchise played under other brand names of the company – B-Meg (from 2010 to 2012), San Mig Coffee (from 2012 to 2014) and Star (from 2014 to 2017). Beginning the 2017–18 PBA season, the team