MVP Foundation to reward Carlos Yulo, Nesthy Petecio P1 million each
Rewards continue to pour for Carlos Yulo and Nesthy Petecio as the Manny V. Pangilinan Sports Foundation will each give them P1 million cash incentives for their world championship feats.
MVPSF President Al Panlilio announced this in a statement at the foundation’s official website prior to the two athletes’ arrival from Germany and Russia.
“The Filipino athletes will always have an ally in the MVP Sports Foundation (MVPSF). We know we have world class athletes and we know they can be the best in the world if they get the support they needed,” he said.
The announcement came a day after the Philippine Sports Commission rewarded Yulo and Petecio P1 million each based from the PSC Board Resolution and the Expanded Incentives Act.
Yulo is the first Filipino gymnast to win a gold medal in the FIG World Artistic Gymnastics Championships with a victory in the floor exercise, while Petecio bagged the featherweight gold in the AIBA Women’s Boxing World Championships.
(C) Kristel Satumbaga, Manila Bulletin Sports Online