THE Philippine Sports Commission (PSC) Board on Tuesday approved the granting of P750,000 (P500,000 for gold and P250,000 for silver) worth of special incentives for Carlos H. Yulo for his double-medal performance at the 2021 World Artistic Gymnastics Championships held in Kitakyushu, Japan.
Mr. Yulo, 21, is the first Filipino multi-medaled gymnast in the said tournament after claiming the gold medal in the men’s vault with a score of 14.916 points, ahead of Japanese Yonekura Hidenobu with 14.866 points.
He also won a silver medal in the men’s parallel bars.
PSC Chairman William I. Ramirez explained that the provisions and technical conditions of Republic Act No. 10699, also known as the National Athletes and Coaches Benefits and Incentives Act, do not cover the annually held world tilt of gymnastics.
Despite this, the sports agency recognizes the special significance of Mr. Yulo’s win and approved the incentives.
Mr. Ramirez congratulated and thanked Mr. Yulo for this historic win, saying, “He has bounced back and showed us all that he is still our world champion in gymnastics.”
Mr. Yulo wasn’t able to defend his title in the men’s floor exercise finals, but went on to claim two medals in other events.
In 2019, the PSC also granted Mr. Yulo P500,000 as incentives for winning multiple medals in the Southeast Asian Games and another P500,000 as qualifying incentives to the Tokyo Olympics.