Yulo, Yape set for highest Asian Games cash bonus

GYMNAST Carlos Yulo and taekwondo jin Jeus Yape emerged as the top cash incentive earners among Filipino athletes who medaled at the just-concluded 20th Asian Games in Japan. Under Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act, Asian Games gold winners will receive P2 million from the government while silver and bronze medalists will receive P1 million and P400,000, respectively. Winning two gold medals with floor exercise and vault titles, Yulo will take a total of P4 million. On the other hand, Yape will seize P2.4 million for his gold in mixed individual virtual taekwondo and bronze in the men’s individual poomsae. Yape served as the Philippine flag bearer in the Asiad closing ceremony on Sunday. Pole vaulter Ernest John "EJ" Obiena rose as the third highest earner from the Games with P2 million for securing a second straight gold in his sport. Obiena is also entitled to additional incentives after setting a new meet record with his 5.91-meter clearance. The Philippines finished in 17th place at the Asiad with four golds, nine silvers, and 16 bronzes which translate to P23.4 million in cash incentives. Meanwhile, Team Philippines coaches will also receive cash incentives amounting to half of the incentives of the athletes...