Yulo gold
Photo Courtesy: Rappler
PB

What rewards await Carlos Yulo after the 2024 Olympics?

Carlos Edriel “Caloy” Yulo’s memorable win at the 2024 Paris Olympics comes with its perks that will mark his place in Philippine history.

From millions of pesos in cash prizes, to perks at selected establishments, the Philippines’ “Golden Boy” comes home from Paris to a myriad of rewards that are waiting for him across the Philippines.

We take a look at the rewards that the 24-year-old Olympian will come home to after what has been a historic run at the biggest sporting stage of them all.

“The amount necessary for the implementation of the cash incentives and retirement benefits under this Act shall be taken from the net cash income of the PAGCOR, to be remitted directly as a special account to the National Sports Development Fund (NSDF) of the PSC,” the law’s provision for funding sources says.

GOVERNMENT BENEFITS, PLEDGES

According to Section 8 of Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act, Yulo is set to receive a P10 million cash grant for winning the gold medal in individual events. Since Yulo won two gold medals, he will get one each for his win at the Men’s Floor Exercise and the Men’s Vault events, earning him a total of P20 million pesos from these incentives alone.

“The amount necessary for the implementation of the cash incentives and retirement benefits under this Act shall be taken from the net cash income of the PAGCOR, to be remitted directly as a special account to the National Sports Development Fund (NSDF) of the PSC,” the law’s provision for funding sources says.

A dual grant also awaits Yulo for his medals - this time from the House of Representatives. House Speaker Martin Romualdez said that Yulo gets P6 million from the Lower House in recognition of his double gold medal wins. An additional fundraiser for Yulo is also underway, with funding coming from different politicians.

The Philippine Olympic Committee is also set to give Yulo his own house and lot - the same package Hidilyn Diaz won in 2020.

Yulo will also receive an Olympic Gold Medal of Valor from the Philippine Sports Commission for his historic feat.

In total, the grants from government - both legally mandated and in pledges, are more or less amounting to at least P26 million. 

The Philippine capital city of Manila says it is preparing a parade and a “hero’s welcome” for the double gold medalist. Manila Mayor Honey Lacuna said that a “grandest welcome” will greet Yulo and all Olympians. The city too, will present its own cash incentives from the local government.

Yulo spent his youth in Manila, where he studied and trained to become the Olympic gymnast that he is today.

Yulo 2
Photo Courtesy: REUTERS Amanda Perobelli (GMA News)

BUSINESSES PLEDGE CASH, PERKS, AND OTHER INCENTIVES

After his initial gold win last August 3, property giant Megaworld Corporation initially pledged a P3 million cash grant and a fully-furnished two-bedroom condominium unit worth P24 million.

After news of his second gold broke, Megaworld upgraded its condo grant to the Golden Boy, giving him a three-bedroom unit at McKinley Hill, Taguig, valued at P32 million.

“Since this is a very significant milestone in the history of Philippine sports to have two gold Olympic medals during our 100th year participation as a country in the Olympics, which also coincides with our company’s 35th anniversary this year, we are boosting our reward for Carlos Yulo now totaling to P35-million,” Megaworld President Lourdes Gutierrez-Alfonso said in a statement released August 5th.

Bounty Fresh’s brand of roasted chicken, Chooks to Go, also pledged a P3 million cash grant to the Olympian. SM Retail group also pledged P1 million worth of free items from its department stores and supermarket chains.

Lifetime perks also await the 24-year-old Olympian. Among them are choice of where to eat, as he has been given a lifetime free buffet from Vikings restaurant, free food and drinks in all Tipsy Pig Gastropub branches, as well as free double-double boxes from BOK Korean Fried Chicken, free meals at JT’s Manukan Grille (Kalayaan Branch) and Mang Inasal, a lifetime cookie supply from Cookies by The Bucket, and a free franchise from Don Macchiatos and Don Lemon.

Yulo also gets a free lifetime ramen supply from Makimura Ramen Bar, and he and his girlfriend get free ramen as well, this time from Hagemu Sushi and Ramen Bar.

He also gets a P100,000 free furniture shopping spree from Apollo Home Depot, lifetime free engineering design from Nexa Engineering, and a lifetime free consultation from gastroenterologist Dr. Virgin Lo, also known as “PinoyGastro.”

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The Philippine Sports Commission (PSC) is pushing a landmark plan to open government-run golf courses to children aged 15 and below—completely free of charge.

Initiated by PSC chairman Patrick Gregorio, the proposal would give youth access to select courses, including Camp John Hay in Baguio and Intramuros Golf Club in Manila, starting at noon daily, seven days a week. 

The plan, now with the Office of the President, awaits approval as President Ferdinand Marcos Jr. consults with golf industry stakeholders.

While some military-run courses may resist concerns about income and congestion, Gregorio believes the long-term benefits for grassroots golf outweigh the drawbacks. “If we want golf to grow, we have to let more Filipino kids touch a golf club—not just the ones who can afford it,” he said.

With golf’s high costs limiting access, the PSC hopes the initiative will spark broader participation, open doors to scholarships, and develop future champions from all backgrounds.

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Blu Girls set sights on Gold as Softball returns to SEA Games

The Philippine women’s softball team—the Blu Girls—are eyeing nothing less than gold as they prepare to defend their title at the 33rd Southeast Asian Games this December in Thailand.

After softball’s two-edition absence from the SEA Games, head coach Ana Santiago said the team’s hunger for victory remains undiminished. “Nothing less than gold ang goal natin,” Santiago declared, recalling the Blu Girls’ last gold win at home in 2019.

A dominant force since 1979, the Blu Girls have collected 11 SEA Games golds and are returning as favorites. Team captain Charlotte Sales and power hitter Roma Cruz, both SEA Games debutantes, expressed confidence in the squad’s readiness, especially after a productive training camp in Taiwan.

“Malaking bagay ‘yung training camp namin. Nakatulong sa teamwork, communication, and ‘yung samahan,” Sales shared.

Cruz, who smashed five homers at the Asian Cup in China last July, is determined to prove herself on the SEA Games stage. “Gusto ko ipakita na kaya ko makipagsabayan,” she said.

While the Blu Girls topped Indonesia for gold in 2019, Santiago sees Singapore as this year’s biggest threat, citing their extensive preparations in Australia, Japan, and Taiwan.

The Philippines opens against Singapore on December 15, then faces Malaysia, Thailand, and Indonesia before the gold medal game on December 20.

Amateur Softball Association of the Philippines president John Henry Lhuillier’s marching order is clear: go for double gold in both women’s and men’s softball. “That’s the goal,”  Santiago affirmed.

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Cambodia withdraws from eight sports at Thailand SEA Games

Cambodia has withdrawn from eight sports in the upcoming Southeast Asian Games in Thailand due to security concerns amid ongoing border tensions, an Olympic official confirmed last November 27. 

The decision comes after intermittent military clashes between Cambodia and Thailand throughout the year, including a deadly July outbreak that left over 40 people dead. 

Despite a US-brokered truce, diplomatic strains remain.

The National Olympic Committee of Cambodia (NOCC) informed the Southeast Asian Games Federation that it would skip events such as football, petanque, wrestling, judo, and karate, citing “significant security concerns” for its athletes and officials.

NOCC secretary-general Vath Chamroeun emphasized that the move was strictly about safety, reducing the delegation from 333 to 150 athletes competing in 13 sports. 

The pullout is aimed at making monitoring easier amid heightened tensions over overlapping claims to ancient temples along the Cambodia-Thailand border.

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PH sends record 1,600-strong delegation to SEA Games in Thailand

The Philippines will field its largest-ever delegation for the 2025 Southeast Asian Games in Thailand, sending 1,600 athletes, coaches, and officials to compete in 50 sports at the biennial meet during the 33rd 2025 send-off at Rizal Memorial Coliseum held last November 28.

Philippine Sports Commission Chairman Patrick “Pato” Gregorio said the decision to send a record-sized team was rooted in prioritizing exposure and athlete development over immediate results

“When you send a delegation, they learn. When you send a big delegation, they gain confidence and experience,” Gregorio said. “We want our athletes’ mindset and skills to toughen up so they can compete at the Asian Games and the Olympics.”

The 2025 SEA Games will feature 574 medal events, three demonstration sports—air sports, flying disc, and tug of war—and MMA as a value-added sport.

Gregorio emphasized that investing in athletes’ experience now lays the groundwork for future success. “We’re giving our athletes the exposure they need to compete better in the future,” he said.

The Philippines will target podium finishes in medal-rich sports including basketball, esports, boxing, weightlifting, jiu-jitsu, and athletics when the SEA Games open on December 9.

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Sen. Bong Go inspires Athletes: ‘Carry the spirit of every Filipino’

In a heartfelt send-off, the senate committee on sports, Senator Bong Go, reminded the country’s national athletes of the immense pride and hope they bring as they head into international competitions.

“Always remember, you carry not just your name, but the spirit of every Filipino,” Go said. “When you win, the whole nation wins with you. No matter the result, you already carry the pride and admiration of the Filipino people.”

Reassuring the athletes of his unwavering support, the official added, “My office is always open for you. If you need anything—whether a solution or a problem—just come to my office.”

As the delegation prepared to embark on their journey, he encouraged them to fight with determination and honor the country. “Fight with all your heart. Bring home the bacon. The honor you bring to the country—you will carry it for the rest of your life. It is engraved in the history of the Philippines.”

He closed by urging the team to give their best, stay united, and make every Filipino proud: “Show the world how strong and united Filipinos can be.”

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