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- 108 days ago
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Yulo gets gold
Carlos Yulo, who won the gold medal in men's floor exercise at the 2024 Paris Olympics, is set to receive substantial rewards upon his return to the Philippines, totaling at least P23 million in cash and a luxurious P24 million condominium from Megaworld. The Philippine government will provide Yulo with P10 million alongside a Gold Medal of Valor, while the House of Representatives has pledged an additional P3 million. Various private entities and tycoons are also contributing, including a lifetime buffet from Vikings and free products from the SM Group, showcasing widespread support for Yulo's historic achievement as the first Filipino gymnast to win gold. Notably, the Manny V. Pangilinan Sports Foundation is expected to enhance the government's cash incentive, potentially doubling it. Yulo's victory has sparked a celebration of Filipino talent, drawing parallels to the accolades received by weightlifter Hidilyn Diaz after her gold medal win at the Tokyo Olympics. Overall, Yulo's success not only elevates his status as a national hero but also highlights the extensive rewards offered to Olympic athletes in the Philippines.
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