Both teams qualified for the FIBA 3x3 World Tour Final in Abu Dhabi on 24-25 September 2016.
Myke Henry and team-mate Stefhon Hannah scored 8 points apiece in the final while the highlight machine Alfonzo McKinnie had 5.
The 23-year-old Henryled all scorers in Mexico with 46 points and was named MVP of the tournament.
The athletic Leandro Lima had 5 points in the losing effort and finished second overall in scoring.
Local favourite Maurice Riddick (Mexico DF, MEX) established a new all-time record in the Perisur Shoot-Out Contest with 15 points, including all three money balls from the 3x3 logo.
US pro dunker Chris Staples set the mall on fire with some jaw-dropping jams at the TDN Dunk Contest, which included a 360 dunk between the legs over two cheerleaders and a one-handed scorpion dunk.
With the last Masters in the books, the 12 World Tour finalists are now confirmed.
Chicago joined Caguas (PUR), Novi Sad Al Wahda (UAE), Ljubljana (SLO) and Saskatoon (CAN) as the five teams which qualified by winning a Masters.
The other 7 finalists earned their ticket because they finished in the Top 12 in the World Tour season standings. They are: Gdansk (POL, 6th), São Paulo DC (BRA, 7th), Piran (SLO, 8th), St Petersburg (RUS, 9th), Hamamatsu (JPN, 10th), Kranj (SLO, 11th) and Belgrade (SRB, 12th).
Final Standings of the 2016 FIBA 3x3 World Tour Americas Masters:
2.São Paulo DC (BRA)
4.Mogi das Cruzes (BRA)
5.Mexico DF (MEX)
9.Rio Preto (BRA)
10.La Plata (ARG)
11.Buenos Aires (ARG)