The trophy is worth PHP 500,000 and is made up of 24-karat gold plate, which the champions can keep for a year.[2] In the history of the league, the TNT Tropang Texters (2010–11 to 2012–13) and the San Miguel Beermen (2014–15 to 2018–19) have won the All-Filipino Conference at least three consecutive times.By achieving this distinction, TNT and San Miguel were able to have permanent possession of the Bernardino Trophy.The 1975 and 1976 editions of the tournament were reclassified as an import-laden conference since the league gave the lower-ranking teams the option of hiring imports to bolster their respective lineups.The first tournament that prohibited teams from hiring foreign players or imports was held in 1977.