THE financial windfall just keeps coming in for Olympic double gold medalist Carlos Yulo.
ArenaPlus is the latest to recognize the 24-year-old gymnast for the historical feat he achieved in the Paris Olympics, set to give Yulo a P5 million cash reward.
The “Astig Sports Bonus” is also in honor of Yulo being the official brand ambassador of the leading sports entertainment gateway in the country.
The 4-foot-11 Filipino pride won two gold medals in a single Olympics, a record, by ruling the men’s floor exercise and vault event at the Bercy Arena during the weekend.
A grand hero’s welcome awaits Yulo.
“Kasama mo kami sa laban ngayon. Parte ka na ng kasaysayan. At para sa patuloy nating paglalakbay sa ating magandang pinagsamahan, sa iyo rin ang Astig Sports Bonus of P5 million,” ArenaPlus said in a statement.
“Para sa iyong pagpupursige sa hinaharap at sa larangan na iyong pinasikat, ito’y magsisilbing tulong para mas lalong mai-angat ang iba’t ibang karera sa sports.”
The P5 million adds to the other incentives Yulo is set to receive both from the government and private sector for his exemplary showing in his second Olympic stint.
The Philippine Sports Commission, under RA 10699 (National Athletes and Coaches Benefits and Incentives Act), will award him P20 million or P10 million for each of the gold medals.
The House of Representatives also doubled its earlier pledge by giving out P6 million, while a house and lot in Tagaytay and a condominium unit worth P35 million will be provided by the Philippine Olympic Committee (POC) and a property development firm.
