The Rewards That Await Our Olympic Athletes That We Know So Far
The Tokyo Olympics 2020 is nothing short of historic for the Philippines. Not only did the country end its long drought of Olympic medal, a Filipina athlete brought us a gold one at that. That first medal win for the country was just the beginning, because from there on the Philippines was on a winning streak!
This year’s Olympics has been record breaking and it wouldn’t be possible without the athletes that represented the country. With that being said, it’s only fitting to pour lavish rewards and incentives to the athletes who made the 2020 Olympics one of the greatest moments in the Philippine sports history.
In case you’re wondering what our athletes will be getting for their feat, we compiled all the information about their rewards and incentives so you don’t have to. And, we’re happy to inform you that all of them who broke our national record, with or without medals, they will be coming home to a hefty sum of cash incentives.
Gold medal – Hidilyn Diaz
The first Filipino to break our Olympic record with a gold medal finish. As of Aug 2, 2021, she garnered ₱52.5 million cash from both the government and private sectors on top of other non-cash incentives.
- ₱10 million from Manny V Pangilinan’s MVP Sports Foundation.
- ₱10 million from Sam Miguel Corporation.
- ₱3 million from Deputy Speaker Mikee Romero.
- ₱10 million from the government according to Republic Act 10699.
- ₱1 million from the League of Provinces of the Philippines.
- ₱2.5 million from her hometown Zamboanga City.
- ₱3 million from President Rodrigo Duterte.
- ₱1 million from Unibersidad de Zamboanga (her alma mater).
- Promoted to the rank of Staff Sergeant by the Philippine Air Force.
- Lifetime free flights worth 80,000 miles a year with AirAsia. Hidilyn can fly to over 140 destinations covered by Air Asia’s network across Asia, Australia, Middle East, and the US.
- Lifetime free flights worth 80,000 miles a year with Philippine Airlines.
- Free gas for life and ₱5 million from Phoenix Petroleum.
- A condominium unit at Eastwood City worth ₱14 million.
- House and lot from Century Properties.
- House and lot in Zamboanga from President Duterte.
- A house and lot in Tagaytay courtesy of Philippine Olympic Committee.
- Thirteen seater van from Foton.
- ₱600,000 worth of beauty package from Lorea’l to Diaz and her team.
- ₱1.4 million worth of products from Lorea’l.
- Lifetime supply of milk tea from various milk tea shops.
- Free meals from various restaurants for life.
Silver medal – Nesthy Pestecio
Another Filipina who brought home a medal in this year’s Olympics. She’s brought the country’s first silver medal in boxing since 1996! And just like our first 2020 Olympic medalist, the incentives that await her aren’t just cash!
- ₱5 million incentives from the government through Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act.
- ₱5 million from San Miguel Corporation
- ₱5 million fromMVP Sports Foundation
- ₱2 million from House Deputy Speaker Mikee Romero
- A fully-furnished condominium worth ₱10 million from Suntrust Properties in Davao City.
- Brand new house and lot by Ovialand, Inc.
- Five years unlimited flight by AirAsia Philippines
- 60,000 Mabuhay Miles per year for life by Philippine Airlines
- 25 free flights by Cebu Pacific.
- Nestle products supply to her hometown in Davao del sure and her NGO of choice.
Carlo Paalam and Eumir Marcial
These two boxing champions representing the Philippines in the 2020 Tokyo Olympics each have already secured a bronze medal. It’s only a matter of whether or not they’ll bring home the gold medal in their upcoming matches.
At the moment, there are no information on the rewards they’ll be receiving from the government and the private sector. We’ll be updatiing this section once more details will be made available.
Record holders but no medal Olympians
The Philippine Sports Commission (PSC) has announced on August 2 that Filipino Olympians who didn’t bring home any medal but broke nation records will receive cash incentives from the country’s sports agency.
The tokyo olympics athletes eligible for this reward are the following:
- Gymnast Carlos Yulo for his record breaking score in his last two passes which is the highest by any Filipino in the vault according to the Gymnastic Association of the Philippines (GAP).
- Weightifter Elreen Ando for breaking the country’s mark in the 64-kilogram division,
- Swimmer Luke Gebbie for clocking in 49.64 seconds in the 100-meter freestyle, beating his previous 2019 FiNA World Champsionship record of 49.94 seconds.