ASIAN GAMES: Philippine medalists given additional financial incentives

Philip Matel on Sep 23, 2018 08:38 PM
PHI medalists given additional financial incentives
POC President Ricky Vargas was nonetheless proud of the national athletes, whose countless hours of hard work and dedication had brought pride to the country.

Medalists from the recently-concluded Asian Games just got richer after getting additional financial incentives for their hard work and success.

The incentives, which were a sum of the funds given by the MVP Group, San Miguel Corporation and the PBA, were given to the athletes in a special ceremony before the Ginebra-San Miguel tussle at the Big Dome Sunday evening.

Bronze medalists were awarded PHP 300,000 while silver medalists got PHP 500,000 and gold medalists were bestowed a prize of PHP 2,000,000 each. 

The latter prize was is in addition of the previous incentives awarded by the Philippine government and the private sector of PHP 7,000,000 for the gold medalists.

Some medalists were on-hand in the awarding ceremony, including Pauline Lopez (bronze, taekwondo); Agatha Wong (bronze, taijijian, taijiquan); Rogen Ladon (silver, boxing), Hidilyn Diaz (gold, weightlifting), Yuka Saso (gold, golf). 

The winning National Sports Associations were also given a cash prize in a ceremony earlier this day.

Finishing the quadriennial meet with a 4 gold- 2 silver-15 bronze medal count, the Philippines finished 19 out of 46 participating nations, coming up short of a top-15 finish that the national sports governing bodies had set for themselves, but a noticeable improvement from the 1-3-11 medal haul in the Incheon Games in 2014. 

Philippine Olympics Committee (POC) President Ricky Vargas was nonetheless proud of the national athletes, whose countless hours of hard work and dedication had brought pride to the country.

"That was difficult. We got 4 golds, which was something that we were very happy with. Also we just hit 19. Yung goal natin maging 15 eh darating rin tayo doon. Or even better," Vargas said after the ceremonies. 

The ABAP President also added that additional private sponsors had pledged their support for the athletes in the upcoming South East Asian Games to be held in Clark and Manila late 2019.

"They are coming in, and I am very happy that they are coming in. And they have confirmed their support just today. I spoke to some of them who were there in the Owner's Lounge there. So importante yun. Importante rin ang POC, di ba?"

"So nag-meeting rin kami with [PSC Chairman William 'Butch] Ramirez and complete support for the South East Asian Games. They're coming to our place. To our home. We will perform well in our home."

 

__

 

Follow this writer on Twitter, @philipptionary. 

 

Latest News