Carlos Yulo, Pinoy Olympians receive more incentives

MANILA — Rewards are still pouring in for Filipino Olympians after their historic campaign in the 2024 Paris Olympics, where they delivered four medals.

Filipino gymnast Carlos Yulo, who won two golds in the men’s vault and floor exercise, received P10-M on Friday from the International Container Terminal Services Inc. (ICTSI).

On hand to present Yulo his bonus was Philippine Olympic Committee president Abraham “Bambol” Tolentino and Christian Martin Gonzalez, who represented ICTSI chairman and CEO Enrique K. Razon in the simple ceremony at the Waterside at Solaire in Pasay City.

Filipino athletes Carlos Yulo, Joanie Delgaco, Aira Villegas, Nesthy Petecio, Eumir Felix Marcial, Carlo Paalam, Vanessa Sarno, John Febuar Ceniza and Kiyomi Watanabe receive incentives from the International Container Terminal Services Inc., September 13, 2024 in Pasay City. Handout photo

“Thank you to the ICTSI, Sir Ricky [Razon],” said Yulo, who arrived from Paris on Thursday. “Thank you to POC president, Mayor Abraham Tolentino, and we are all hoping they will continue supporting us up to the next Olympics and overseas competitions.”

Also receiving incentives from ICTSI were bronze medalists Aira Villegas and Nesthy Petecio, with the boxers getting P2-M each.

The non-medalists received P200,000 each in bonuses.

“It’s very important for us to support our athletes, it’s very important for our country,” Gonzalez said. “It is something we wanted to do more because of all the hard work that you put in for the last eight or 12 years or your entire life.”

Yulo has already received at least P90 million in cash bonuses for his historic feat in Paris.

“Just like the other incentives that I received from the others, it is really super overwhelming, and it is really unexpected to receive another cash reward after they recognized our accomplishments, hard work in practices, and sacrifices for the longest time,” Yulo added.