▁in ▁the ▁Philipp ine ▁Basketball ▁Association ▁( P BA ). ▁The ▁team ▁was ▁formerly ▁known ▁as ▁Pe psi ▁M ega ▁in ▁the ▁All - Fil ip ino ▁Cup . ▁ ▁Off - season ▁transactions ▁ ▁Occ urr ences ▁The ▁first ▁month ▁of ▁the ▁year ▁during ▁the ▁off - season , ▁Pe psi ▁M ega ▁tender ed ▁an ▁offer ▁sheet ▁to ▁S unk ist ' s ▁Al ▁Sol is ▁for ▁three ▁years ▁amount ing ▁to ▁P 9 . 3 6 ▁million . ▁R FM ▁through ▁Team ▁Manager ▁El mer ▁Y anga ▁said ▁the ▁club ▁was ▁not ▁hon oring ▁the ▁offer ▁sheet ▁of ▁Pe psi ▁since ▁Al ▁Sol is ▁signed ▁a ▁new ▁contract ▁with ▁the ▁Ju ic ers ▁in ▁the ▁middle ▁of ▁ 1 9 9 5 . ▁The ▁P BA ▁on ▁the ▁other ▁hand ▁cons iders ▁Pe psi ' s ▁offer ▁sheet ▁legal ▁than ▁the ▁supposed ▁" cont ract ▁or ▁agreement " ▁signed ▁by ▁Sol is ▁with ▁S unk ist ▁binding . ▁Upon ▁consult ation ▁with ▁their ▁law y ers , ▁R FM ▁announced ▁in ▁the ▁press ▁conference ▁they ▁are ▁su ing ▁Sol is ▁because ▁he ▁signed ▁the ▁offer ▁sheet ▁of ▁Pe psi ▁without ▁inform ing ▁the ▁management ▁which ▁R FM ▁claimed ▁was ▁done ▁in ▁bad ▁faith . ▁▁▁ ▁Pe psi ' s ▁franch ise ▁was ▁transferred ▁to ▁Lap and ay ▁Group ▁of ▁Comp an ies ▁( PI L TE L ) ▁owned ▁by ▁the ▁family ▁of ▁Luis ▁" M oro " ▁Lorenzo , ▁it ▁is ▁said ▁that ▁the ▁company ▁was ▁also ▁owned ▁by