| Team: | Rain or Shine Elasto Painters |
| Pbayear: | 2014–15 |
| Coach: | Yeng Guiao |
| 1C-Name: | Philippine Cup |
| 1C-Wins: | 9 |
| 1C-Losses: | 2 |
| 1C-Place: | 2 |
| 1C-Playoffs: | Semifinalist (lost to Alaska, 2–4) |
| 2C-Name: | Commissioner's Cup |
| 2C-Wins: | 8 |
| 2C-Losses: | 3 |
| 2C-Place: | 1 |
| 2C-Playoffs: | Runner-up vs Talk 'N Text 3–4 |
| 3C-Name: | Governors' Cup |
| 3C-Wins: | 7 |
| 3C-Losses: | 4 |
| 3C-Place: | 3rd |
| 3C-Playoffs: | Semifinalist (lost to San Miguel, 1–3) |
| Owners: | Asian Coatings Philippines, Inc. |
| Prevseason: | 2013–14 |
| Nextseason: | 2015–16 |
The 2014–15 Rain or Shine Elasto Painters season was the ninth season of the franchise in the Philippine Basketball Association (PBA).
See main article: 2014 PBA draft.
| Round | Pick | Player | Position | Nationality | PBA D-League team | College | |
|---|---|---|---|---|---|---|---|
| 1 | 2 | Kevin Alas | G | NLEX (D-League) | Letran | ||
| 1 | 9 | Jericho Cruz | G | Zambales M-Builders | AdU | ||
| 2 | 2 | Kevin Espinosa | F/G | none | MIT | ||
| 2 | 9 | Mike Gamboa | G | Junior Powerade Tigers | UP |
| October 2, 2014[1] | To Rain or Shine 2015 & 2019 2nd round picks | To Talk 'N Text Larry Rodriguez |
| October 4, 2014[2] | To Rain or Shine 2015 1st round pick | To NLEX Kevin Alas |
| Tournament | Name | Debuted | Last game | Record | |
|---|---|---|---|---|---|
| January 28 (vs. Talk 'N Text) | February 14 (vs. Purefoods Star) | 3–2 | |||
| Wayne Chism | February 20 (vs. Alaska) | April 29 (vs. Talk 'N Text) | 12–5 | ||
| Wendell McKines | May 12 (vs. San Miguel) | July 8 (vs. San Miguel) | 9–7 |