PSC looking to give incentive to Caloy Yulo after vault gold in Worlds

PSC looking to give incentive to Caloy Yulo after vault gold in Worlds

The PSC might give Caloy Yulo a cash prize for capturing two medals in the FIG Worlds. Jade Moya (file photo
By Ivan Saldajeno

MANILA--The Philippine Sports Commission is now looking at a possibility of giving Caloy Yulo a cash incentive after his impressive performance in the FIG Artistic Gymnastics World Championship in Kitakyushu, Japan over the weekend.

Although he had to relinquish his championship in the floor exercise event, Yulo took home two medals in the said tournament, the gold in the vault event and the silver in the parallel bars.

According to PSC executive director Guillermo Iroy, the agency will wait for a word from gymnastics president Cynthia Carrion-Norton before making a decision on how much it might give to Yulo.

“Walang amount pa kasi discretionary sa batas ng PSC Board. We will wait for the reports of GAP but based on reports by our staff it’s a yearly event. Chairman Butch (Ramirez) will just wait for the report of Ms. Cynthia Carrion,” Iroy said on Monday.

A huge hindrance to this, however, is that the world championships, being an annual event, is not included in the events where Republic Act 10699 would take effect.

The National Athletes and Coaches Benefits and Privileges Incentives Act only caters to Filipino athletes winning in global events not happening annually like the Southeast Asian Games, where Yulo won two golds in 2019 here, and the Olympics, where Yulo came just close to winning a medal in Tokyo earlier this year.

The PSC, however, took an exception in 2019 when Yulo captured the historic floor gold in Stuttgart, in which he was given PHP1 million.

The FIG World Championship was canceled last year due to the COVID-19 pandemic.

Meanwhile, Iroy hinted that should the PSC approve the giving of incentives it might be larger than what Yulo received two years ago.

"We’ll see what the board will approve but definitely since may silver siya, mataas din kaysa dati na," Iroy further said.

Follow him on Twitter: @IvanSaldajeno

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