More Than Gold: Carlos Yulo Bags More Than ₱100 Million Worth of Incentives, See The List Here

Filipino gymnast and two-time Olympic gold medalist Carlos Yulo has been celebrated with a staggering total of over ₱100 million in incentives following his recent athletic achievements. This remarkable recognition underscores the widespread admiration for Yulo’s outstanding performance and the support he has garnered from various sectors. 

Just recently, the internationally recognized athlete grabbed the world’s attention once more for receiving a luxury condominium on top of government incentives and rewards. Here are the rewards offered to Yulo following his win at the 2024 Paris Olympics. 

Government and Legislative Incentives:

• Republic Act 10699:

  • Per the National Athletes and Coaches Benefits and Incentives Act, Yulo is granted ₱20 million. This law guarantees substantial financial rewards to national athletes who excel in international competitions, highlighting the government’s commitment to supporting its sports heroes.

• Office of the President:

  • The Office of the President has awarded Yulo an additional ₱20 million. This gesture signifies the administration’s recognition of Yulo’s contributions to the country’s prestige in international sports.

• House of Representatives:

  • Initially, the House of Representatives had announced a reward of ₱6 million. However, in acknowledgment of Yulo’s extraordinary accomplishments, this amount was increased to ₱14 million.

Corporate and Private Contributions:

• Arena Plus:

  • Arena Plus has contributed ₱5 million, recognizing Yulo’s achievements with a significant financial reward.

• Bounty Fresh:

  • Bounty Fresh, a well-known poultry brand, has provided ₱3 million to honor Yulo’s accomplishments.

• Megaworld:

  • In addition to a financial contribution of ₱3 million, Megaworld has gifted Yulo a luxurious three-bedroom condominium unit located in McKinley Hill, Bonifacio Global City. This property, valued at ₱32 million, adds a substantial value to Yulo’s rewards and reflects the company’s commitment to supporting sports excellence.

Related: Take A Peak at Carlos Yulo’s ₱32 Million McKinley Condo Prize From MegaWorld

• Chavit Singson:

  • Chavit Singson has awarded ₱5 million to Yulo, with the provision that it contributes to family reconciliation following the current controversy surrounding Yulo and his mother’s strained relationship.

Additional Contributions:

• Manny Pacquiao:

  • Although the exact amount remains undisclosed, boxing champion Manny Pacquiao adds his contribution to Yulo’s incentives.

• Toyota Philippines:

  • Toyota Philippines has presented Yulo with a brand-new Land Cruiser Prado, valued at approximately ₱4.8 million.

• Century Properties Group:

  • The Century Properties Group has awarded Yulo a house and lot in Nasugbu, Batangas, valued at ₱6 million. This property adds a substantial real estate asset to Yulo’s incentives.

• Philippine Olympic Committee:

  • The Philippine Olympic Committee has gifted Yulo a house and two lots in Tagaytay. 

Retail and Lifestyle Rewards:

• SM Retail:

  • SM Retail has provided ₱1 million worth of products, offering a broad range of retail items as part of Yulo’s rewards.

• Ever Bilena:

  • Ever Bilena has awarded a ₱1 million business package, including a range of beauty and personal care products.

• Tupperware:

  • Tupperware has contributed ₱1 million worth of products. 

• Apollo Home Depot:

  • Apollo Home Depot has provided ₱100,000 worth of furniture, adding to Yulo’s lifestyle benefits.

Travel and Dining Benefits:

• Philippine Airlines:

  • Philippine Airlines has awarded Yulo 150,000 Mabuhay Miles per year for life, ensuring extensive travel benefits.

• Cebu Pacific:

  • Cebu Pacific has offered 28 domestic flights for this year, enhancing Yulo’s travel opportunities.

• Vikings:

  • The Vikings restaurant chain has provided lifetime free buffet dining.

Additional Perks:

• Pizza Hut: lifetime free pizza.
• Dairy Queen: lifetime free ice cream.
• Mang Inasal: lifetime-free chicken inasal.
• Tipsy Pig: lifetime free food and drinks.
• JT’s Manukan Grille-Kalayaan: lifetime free meals.
• BOK Fried Chicken: lifetime-free fried chicken.
• Nexa Engineering: lifetime-free engineering design.
• Lifeline 16-911: lifetime free ambulance service.
• Moonstar88: Free wedding performance.
• Don Macchiatos and Don Lemon Philippines: two free franchises.
• Cabalen: A lifetime-free Pinoy Handaan Buffet.
• Rita’s Italian Ice-The Philippines: lifetime-free frozen treats.
• Waffle Time: lifetime free waffles.
• Buddy’s: lifetime free pancit.
• Makimura Ramen Bar: lifetime free ramen.
• Fil-Global Immigration Services Corp.: Unlimited visa services.

Yulo Rewards Keep Pouring In

Carlos Yulo’s exceptional achievements have been met with overwhelming support from various sectors, totaling over ₱100 million in incentives. The extensive list of rewards, from substantial financial contributions to valuable property and lifestyle perks, reflects the nation’s pride in Yulo’s success and sets a high standard for recognizing athletic excellence. This collective recognition not only honors Yulo’s achievements but also highlights the significant impact of community and corporate support in celebrating national heroes.