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On February 7, 2004, Rene Lardo promoted as team governor of the team. He was replaced by Ed Cordero.
Upon celebrating his 38th birthday in November 2004, Purefoods power forward and four-time MVP Alvin Patrimonio called it quits and retired from active competition a month after the opening of the PBA's 2004–05 season, ending a storied 16-year career and becoming one of the few players to have spent his whole pro career playing for only one team. Patrimonio's last full conference was in the transition tournament called Fiesta Conference earlier in the year.