Gymnast Carlos Yulo and swimmer Teia Salvino are expected to receive a big payout after an impressive showing in the recently concluded 32nd Southeast Asian Games in Phnom Penh.
Under Republic Act 10699 or “National Athletes and Coaches Benefits and Incentives Act,” SEA Games gold medalists are entitled to receive P300,000 with silver medalists stand to get P150,000 and bronze medalists P60,000.
Yulo won two gold medals in the men’s individual all-around and parallel bars while snagging two silver medals in the team all-around and the rings, giving him a total of P900,000.
The 23-year-old gymnast from Leveriza, Manila still remains as the most profitable athlete in the biennial meet despite the limited number of events he saw action in.
First-time SEA Games campaigner Salvino is also guaranteed hefty payday after getting the gold in the women’s 100-meter backstroke along with two more silver medals (women’s 4x100m freestyle relay and women’s 4x100m medley relay) and two bronze medals (women’s 50m backstroke and women’s 4x200m freestyle relay) for a total earning of P720,000.
She is also set to receive additional incentives from the Philippine Sports Commission after setting a new national and SEA Games record in the women’s 100m backstroke.
Also receiving a huge compensation is another tanker in Jasmine Alkhaldi, who collected four silver medals and three bronzes for a total of P780,000.
The Philippines finished the Phnom Penh Games in fifth place with 58 gold medals, 85 silver medals and 117 bronze medals for a total of 260 medals.
Soft tennis player Bambi Zoleta is also bound to get P750,000 after two gold medals and a silver medal.
The Philippines finished the Phnom Penh Games in fifth place with 58 gold medals, 85 silver medals and 117 bronze medals for a total of 260 medals.
Aside from the mandated cash rewards from the government, some winners are also likely to get other cash prizes from their private backers.
Philippine Sports Commission chairperson Richard “Dickie” Bachmann insists the agency’s support to the athletes won’t slow down.
“The PSC will continue to work as hard as you train. Thanks for all your sacrifices.”
