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Hefty sum for medalists — POC chief Bambol Tolentino

The Philippine Olympic Committee (POC) is all set to award the cash incentives it promised to the medalists of the recent 30th Southeast Asian Games after another major player and the House of Representatives joined hands in making another round of contributions.

POC president Bambol Tolentino said this will mark the first time the POC is giving out cash rewards to athletes following the landmark 149-117-121 (gold-silver-bronze) performance of the country in the 2019 SEAG.

The Philippine Olympic Committee (POC) announced on Saturday that it will give cash incentives to athletes who won medals at the 30th Southeast Asian Games.

The Philippine Olympic Committee (POC) announced on Saturday that it will give cash incentives to athletes who won medals at the 30th Southeast Asian Games.

San Miguel Corp. (P50 million) and the MVP Sports Foundation (P20 million) initiated the fund-raiser that will guarantee a gold P200,000, a silver P50,000 and bronze P30,000.

“We got some help from our friends, notably Mr. Dennis Uy of Udenna/Phoenix and my colleagues in Congress. The POC alone does not have enough cash to include everyone but we were fortunate to have individuals who personally pitched in because they believe our athletes deserve to be rewarded”, said Tolentino, noting that Uy pledged P15 million and members of Congress chipped in a total of P6 million.

Philippine Olympic Committee (POC) president Bambol Tolentino speaks at the send-off of athletes for the 30th SEA Games at the Rizal Stadium. (MB Photo / Alvin Kasiban)

Philippine Olympic Committee (POC) president Bambol Tolentino speaks at the send-off of athletes for the 30th SEA Games at the Rizal Stadium. (MB Photo / Alvin Kasiban)

The total pot now stands at P52.87 million and the POC is finalizing the date of the actual awarding ceremony.

For team medalists, it’s P100K each for two members, P75K each for teams composed of 3-4 members, and P50K for every member of teams with five or more athletes who won gold.

Individual silver medalists and teams with two members will receive P50K per athlete while those with three or more members will be given P30K each.

All bronze medalists will receive P30K a piece.

“It’s the least we can do for the athletes who sacrificed, toiled and persevered to make our countrymen proud in our hosting of the Games”, the Tagaytay solon said.

“With the previous contributions from San Miguel Corporation, the MVP Sports Foundation and the PBA, plus yesterday’s pledge Mr. Uy and from the members of Congress, we are able to make this happen”.

Vietnam, the next host country in 2021, was a distant second with 98 gold while third placer Thailand managed 92.

 

Source: Manila Bulletin

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