Philippine Team athletes who won medals in the 32nd Southeast Asian Games (AKA SEA Games or Cambodia 2023) will be receiving over P12 million in bonuses from the Philippine Olympic Committee (POC), according to a GMA Network news report. Take note that the POC SEA Games bonuses are different from the incentives of Republic Act Number 10699 (RA10699) or the National Athletes and Coaches Benefits and Incentives Act.
To put things in perspective, posted below is an excerpt from the GMA news article. Some parts in boldface…
The Philippine Olympic Committee (POC) is set to hand out P12.4 million in bonuses to athletes who copped medals at the 32nd Southeast Asian Games in Cambodia last month.
These bonuses will be distributed to the 58 gold medalists, 85 silver winners, and 117 athletes who took home bronze medals. Of the total bonus, P7.2 million is from the Manuel V. Pangilinan Sports Foundation (MVPSF), while P5.2 million is from POC funds.
“The athletes, particularly the medalists, deserve the reward, and the POC will always be diligent on that,” said POC president Abraham “Bambol” Tolentino in a statement.
“The amount is from the generosity of MVPSF, Manny V. Pangilinan, through the efforts of [president] Al Panlilio.”
Under the POC’s incentive program, P100,000 will go to an individual gold medalist, P50,000 to doubles and relay teams, and P30,000 to a team; P50,000 to a silver medalist, P30,000 for doubles, and P20,000 for relay; and P30,000 to an individual silver medalist and P10,000 for doubles and relay.
The POC bonuses are separate from the government incentives given through the Philippine Sports Commission under Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act.
For individual events, a gold in the SEA Games is worth P300,000, a silver P150,000, and a bronze P60,000, according to the law.
Let me end this piece by asking you readers: What is your reaction to this recent development? Are you happy with all the medals the Philippine athletes won in the 2023 SEA Games hosted by Cambodia?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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