A Breakdown of Carlos Yulo’s Rewards and Incentives

A Breakdown of Carlos Yulo’s Rewards and Incentives

By

Hailed as the “Golden Boy” of Philippine sports, Carlos Yulo gave the Philippines not one, but two Olympic gold medals—and here’s what’s waiting for him as he arrives home

Few athletes have a chokehold on their sport like Carlos Yulo, the Olympics’ first back-to-back champion. Now with two Olympic gold medals to add to his trophy cabinet, Yulo’s feats have seen him transcend athletics. Finishing his campaign in the French capital with historic scores in the men’s floor exercise and vault final, his exploits have earned him a fortune and perks to match befitting a champion. Here’s a breakdown so far:

RELATED: Carlos Yulo Makes History as the First Filipino 2-time Olympic Gold Medalist

Carlos Yulo's winning moment at the Paris Olympics 2024 breakdown cash prize incentives Golden Boy
Carlos Yulo is the Philippines’ Golden Boy

Government Winnings

  • Olympic Gold Medal of Valor from the Philippine Sports Commission
  • House and lot property in Tagaytay from the Philippine Sports Commission 
  • P20 million cash incentive as stated in Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act
  • P6 million cash incentive from the House of Representatives
  • P2 million cash incentive from Manila Mayor Honey Lucena
  • P20 million cash incentive from Philippine Amusement and Gaming Corporation Chair Alejandro Tengco
Carlos Yulo's winning moment at the Paris Olympics 2024 breakdown cash prize incentives
Carlos Yulo’s winning moment for first gold at the Paris Olympics 2024

Other Cash Incentives

  • P3 million cash bonus from Megaworld Corporation Inc.
  • P3 million cash incentive from Bounty Fresh and Chooks to Go by Bounty Agro Ventures Inc.
  • 5 million from ArenaPlus

Land Property

Fully-furnished three-bedroom unit in McKinley Hill from Megaworld Corporation Inc., valued at P32 million

Brand incentives

  • P2 million worth of vacation package at Lost Villa by Lost Juan
  • P15 million worth of brand ambassadorship for a five-year contract with Toledo Medical Companies Inc.
  • P1 million worth of products from the SM Group, consumable for one year (department stores and supermarkets)
  • P100,000 worth of furniture and cash vault from Apollo Home Depot
  • Two free franchises from Don Macchiatos and Don Lemon Philippines

Lifetime Free Perks

  • Membership from Intense Gym
  • Flights from Philippine Airlines
  • Engineering design from Nexa Engineering
  • Laundry services from Lavanna Laundry Hub 
  • 2×2 ID picture from JSJ Photography
  • Gastro consults and colonoscopy from Dr. Virgil Lo
  • Check-up and consultation from Alota Medical Clinic
  • Car service from Shimmer and Shield Car Coating 
  • Visa services from Fil-Global Immigration Services Corp.
  • Haircuts from Alpha Barber
  • Delivery service from Arkila
  • Buffet across all Vikings Philippines branches
  • Food and/or beverage from Tipsy Pig, JT’s Manukan Grille, Hagemu Sushi and Ramen Bar, BastaMura Bacsilog, Makimura Ramen Bar, Lafus, Ching’s Kitchen, Pisces Coffee Hub, JohnRic’s Fresh Buko Shake, Samgville 199, BOK Korean Fried Chicken, Cristell’s Sweet Treats, Buddy’s, Mang Inasal, Rita’s Italian Ice, Cookies By The Bucket, Nouvelle Café, Food Nerd, Cabalen Restaurant, Wild Sugar, Waffle Time, Calle Bonifacio, Gab’s Yard, Kabyawan Lechon Manok, Six Doors BBQ Buffet, Tag-Puan Cafe, Let’s Gobble Pares, Kuzina Casis, SarangMyeon, Patèr sa Tisa, FAB Cafe, DK by T6AM, Sanctuary Coffee + Pastries, VC Nightlife

As of writing, additional incentives for Yulo are anticipated in the coming days, further recognizing his exceptional contributions to Philippine sports and his historic achievements.


Photos and Featured Image: OLYMPIC PH, OLYMPICS (Via Instagram)

Order your print copy of this month's MEGA Magazine:
Download this month's MEGA digital copy from:
Subscribe via [email protected]