After dangling cash incentives for Filipino athletes who will bring home medals from the Tokyo Olympics, the MVP Sports Foundation (MVPSF) has also vowed to reward medalists in the Paralympics.

Sports patron Manny V. Pangilinan, the chairman of MVPSF, is allotting P5 million for gold, P2.5 million for silver, and P500,000 for bronze for Filipino Paralympic medalists.

The amount matches the financial bonus the government will hand out through the Philippine Sports Commission.

Ernie Gawilan of para swimming banners the Philippines’ Paralympic delegation, which also includes fellow para swimmer Gary Bejino, Jerrold Magliwan and Janette Aceveda of para athletics, Allain Ganapin of para taekwondo, and Achelle Guion of para powerlifting.

MVPSF earlier announced cash incentives for Filipino Olympic medalists of P10 million for gold, P5 million for silver, and P2 million for bronze.

The Tokyo Olympics will run from July 23 to August 8, while the Paralympics will be staged from August 24 to September 5. – Rappler.com