 Laguna was renamed as the FedEx-Laguna Lakers for the 2001 season but lost to San Juan in the playoffs for the third-straight time.The Laguna Lakers competed at the William Jones Cup as the Philippine representative in 2000 and 2001.In the 2001 edition, the Fed-Ex Laguna Lakers, with some players from the Philippine national youth team, finished fourth after losing to Russian basketball team, Lokomotiv Novosibirsk in the de facto third place play-off with the final score of 71-81.