Carlos Yulo to receive P3.2 million as Duterte gives SEA Games 2019 bonus
CLARK, Pampanga (UPDATED) – Star gymnast Carlos Yulo is set to receive a total of P3.25 million cash bonus as President Rodrigo Duterte awards additional incentives to Filipino medalists in the 2019 Southeast Asian Games.
Duterte promised P250,000 for a gold medal, P150,000 for a silver and P100,000 for a bronze on top of the incentive system of the Philippine Sports Commission Act (RA 10699) and the Philippine Olympic Committee's P200,000 bonus for gold medalists, which makes each SEA Games gold worth P750,000.
The PSC Act awards P300,000 for a gold, P150,000 for a silver and P60,000 for a bronze in the regional meet.
On Saturday, December 14, POC also announced that it will break down the incentives of gold medalists of team events as well as reward the silver and bronze winners in the individual and team events. (READ: POC boosts incentives for SEA Games 2019 medalists)
Yulo emerged as the most bemedalled athlete of the Philippine contingent with 2 golds and 5 silvers.
The Philippines' first world gymnastics champion ruled the men's all-around event and his signature floor exercises event, then settled for runner-up finishes in the vault, still rings, pommel horse, parallel bars and horizontal bar.
Malacañang is expected to give out incentives to 149 gold, 117 silver and 120 bronze medalists as the Philippines claimed the overall championship in its hosting of the biennial event.
The SEA Games winners will receive the bonus from Duterte in an awarding ceremony in Malacañang on Wednesday, December 18. – Rappler.com