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The Phil Cup is the first tournament at Olympus Coliseum in Kingdom Hearts. Upon completion, Sora simply raises his Keyblade in the air and shouts, "We're the champs!" Afterward, Phil puts up the trophy in the Lobby. In Kingdom Hearts II, the Phil Cup trophy was accidentally mislabeled as the Pegasus Cup trophy, and vice versa.
Kingdom Hearts HD 1.5 ReMIX
Kingdom Hearts Final Mix