P30M Incentive Awaits Tokyo Olympics Gold Medalists From Team PH

P30M Incentive Awaits Tokyo Olympics Gold Medalists From Team PH
Image by Philippine Olympic Committee / Facebook

With just 3 days left before the 2020 Summer Olympic Games open on July 23, the whole world is in a frenzy to support their country’s athletes. Nineteen Olympic hopefuls comprise the Philippine Team that will compete in Tokyo, Japan, and with everyone’s all-out support, we are crossing our fingers that they will finally bring home that elusive gold medal.

Are you excited for the Games, too? Here are the latest updates!

Philippine Team arrives in Tokyo, Japan

The PH team is ready to wow the world!

Boxer Eumir Marcial, Rower Cris Nievarez, along with his coach Edgar Maerina and rowing association treasurer Magnum Membrere arrived in Japan on Saturday, July 17. Weightlifting delegates Hidilyn Diaz and Elreen Ando followed suit on Sunday, July 18.

Japanese-Filipino Judoka Kiyomi Watanabe and gymnast Carlos Yulo, who were already training in Japan prior to the Games, also entered the Athletes’ Village on Sunday.

Swimmers Luke Gebbie and Remedy Rule, golfers Yuka Saso, Bianca Pagdanganan, and Juvic Pagunsan, skateboarder Margielyn Didal, track and field athlete Kristina Knott, shooter Jayson Valdez, pole vaulter EJ Obiena, and taekwondo athlete Kurt Barbosa complete #TeamPilipinas.

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A Philippine official tested positive for COVID-19

Before leaving for Japan, a member of the Philippine delegation to the Tokyo Olympics tested positive for COVID-19. The official was supposed to join the national team, but he “will not be able to go there anymore,” says Philippine Olympic Committee (POC) President Bambol Tolentino.

The Olympics organizers imposed strict rules for a “successful and safe delivery” of the Games despite being held in the middle of a state emergency, which is the COVID-19 pandemic. Athletes and attendees are required to fill out a 14-day “activity plan” wherein they will input all their planned activities: where they are going, what they will be doing, and the like.

If an athlete tests positive for COVID-19, he will be required to isolate and will not be allowed to compete.

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Multi-million-peso incentive awaits Team PH medalists

With sponsorships from ASICS Philippines keeping our athletes’ style on point, and with Philippine Airlines as the Official Carrier of the Philippine team for the Tokyo Olympic Games, we can definitely feel the support for our athletes from our very own kababayans!

But the good news doesn’t stop there! Manny V. Pangilinan (MVP) pledged a Php 10 million incentive for our athletes who will bring home the highly anticipated Olympic gold. The MVP Sports Foundation (MVPSF) confirmed that there will also be incentives for silver (Php 5 million) and bronze (Php 2 million) medalists.

Business tycoon Ramon Ang matched these amounts by pledging a total of Php 30 million cash incentives for gold medalists, Php 15 million for silver, and Php 6 million for bronze.

These incentives are on top of the cash incentives due to the gold, silver and bronze medalists as provided by Republic Act No. 10699, or the “National Athletes and Coaches Benefits and Incentives Act” of 2015.

We are already proud of you, Team Philippines!

Catch the Tokyo Olympics on TV5, One Sports+, Cignal Play, and Gigafest.Smart.

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