 U/tex placed sixth in their final PBA conference.Universal Textiles were brought down by the rising cost of player salaries and was also hit by the economic crisis (Dewey Dee, PhilFinance) that befell the country.The Walter Euyang ballclub disbanded at the end of the 1982 PBA season and their players were spread out to different teams in the following season with Bogs Adornado going to Great Taste, Fritz Gaston and Carlson Samlani joining San Miguel, and Gary Vargas and Steve Watson to Gilbey's Gin.