How Much All the SEA Games Winners Are Getting For Their Gold, Silver, and Bronze Medals
The Philippine Sports Commission will be receiving a hefty bill after the 31st Southeast Asian Games as the Philippine delegation to Vietnam 2021 has already won over P25 million in prize money—and the event isn’t even over.
Filipino athletes presented a strong front at the Southeast Asian Games, with 41 athletes bagging gold, 57 athletes bagging silver, and 80 athletes bagging bronze.
In line with the National Athletes and Coaches Benefits and Incentives Act (Republic Act 1069), all medaled athletes representing the Philippines at the Southeast Asian games will receive P300,000 per gold medal, P150,000 per silver medal, and P60,000 per bronze medal.
The Philippines’ stellar performance at Vietnam 2021 brings the group’s prize money bill to P12.3 million for gold medalists, P8.55 million for silver medalists, and P4.8 million for bronze medalists. The Philippine government will be distributing P25 million in prize money to the deserving athletes, and that’s not even considering the potential winners in the upcoming tournaments and matches.
Champion gymnast Carlos Yulo will be bringing home the biggest check worth P1,687,500 for his five gold medals, one silver solo medal, and one silver team medal. Triathlete Kim Mangrobang will also be bringing home multiple cash prizes worth P600,000 for her two gold medals. Meanwhile, the Philippines' sole Olympic gold medalist will be bringing home P300,000 for her gold medal in weightlifting.
And of course, the athletes’ coaches will also be receiving their own rewards for preparing the athletes for the podium. The cash incentives for the coaches will equal 50 percent of the medalists’ prize money, and should there be more than one coach, then the amount will be divided among all the coaches. For example, a gold medalist’s solo coach will win 50 percent of the P300,000 gold medalist incentive, and a silver medalist’s two coaches will win 25 percent each of the P150,000 silver medalist incentive.
According to Republic Act 10699, the cash incentives will come from the net cash income of the Philippine Amusement and Gaming Corporation.