What does Filipino gymnast Carlos Yulo stand to gain for winning olympic gold?

Carlos Yulo (Photo courtesy: Philippine Sports Commission)

MANILA, (PIA) —  In a span of just two days, Filipino gymnast Carlos Yulo secured two gold medals for the Philippines, cementing his status as the country’s latest Olympic hero.

His historic victories have prompted a flurry of rewards and incentives from both government and private entities.

Prior to his win, several companies had already pledged sizable rewards for any Filipino athlete who would bring home the gold. Now, with Yulo’s double gold, these offers have only grown more generous.

Here’s a rundown of some of the perks and incentives Carlos Yulo has received as an Olympic gold medalist for the Philippines:

Government rewards

  • P10 million from the Philippine Sports Commission, along with an Olympic Gold Medal of Valor
  • P6 million incentive from the House of Representatives (P3 million per gold medal)

Private sector rewards

A fully-furnished 3-bedroom condominium unit worth P35 million, plus a P3 million cash bonus from Megaworld Corporation

  • P3 million reward from Chooks-to-Go
  • Lifetime free buffet at Vikings Luxury Buffet
  • Lifetime free meals at JT’s Manukan Grille
  • Lifetime free food and drinks at all Tipsy Pig Gastropub branches
  • Free franchises for two businesses – Don Macchiatos and Don Lemon

These rewards are a testament to the immense pride and support Filipinos have for their Olympic champions.

As Carlos Yulo continues to bask in the glory of his achievements, the outpouring of recognition and incentives shows no signs of slowing down. (JCO/PIA-NCR)

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