Alaska struggled at the start of the season winning only two matches in five outings even losing to an import-less team San Miguel but went on to a four-game winning streak. The team treated their final outings in the eliminations as "knock out games". On September 16, 2016, Banchero, again, extended his tenure with the Aces. This time, to a longer three-year deal. Terms were not disclosed. The Fil-Italian cager stated that it was an "easy decision" stating "he is very happy with Alaska." He credited the coaching staff and his teammates as the main reason he stayed with the team and hopes he will finish his career with Alaska. The Aces scored an important win in their last game of the eliminations in the season-ending conference to clinch the number six spot by beating the NLEX Road Warriors. Vic Manuel came back from his injury and contributed immediately and faced crowd darling Barangay Ginebra in the playoffs. However, the Aces failed to force a do-or-die game to advance in the semi-finals.