| Color1: | white |
| Color2: |
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| Color3: | gold |
| Tanduay Light Rhum Masters | |
| Founded: | 2012 |
| History: | Boracay Rum Waves 2012–2014 Tanduay Light Rhum Masters 2014–2017 |
| Location: | Philippines |
| Colors: | Boracay Rum Waves (2012–2014) Tanduay Light Rhum Masters (2014–2017) |
| Coach: | Lawrence Chongson |
| President: | Lucio K. Tan, Jr. |
| H Pattern B: | _brownstripd_sides |
| H Body: | ffffff |
| H Shorts: | ff0000 |
| H Pattern S: | _blanksides2 |
| A Pattern B: | _brownstriped_sides |
| A Body: | 7df9ff |
| A Shorts: |
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The Tanduay Light Rhum Masters were a basketball team which last played in the PBA D-League. The team was owned by Tanduay Distillers, Inc. and was originally known as the Boracay Rum Waves (2012–2014), which succeeded the Cobra Energy Drink Iron Men (2009–2012).