Yulo to receive P5 million from ArenaPlus

MANILA, Philippines — The financial windfall just kept pouring in for Olympic double gold medalist Carlos Yulo.

ArenaPlus is the latest to recognize the 24-year-old gymnast for the historic feat he achieved in the Paris Olympics as it sets to reward Yulo with P5 million.

The “Astig Sports Bonus” is also in honor of Yulo being the official brand ambassador of the leading sports entertainment gateway in the country.

The Filipino pride became the first ever to win for the country two gold medals in a single Olympics by ruling the men’s floor exercise and vault event one after the other at Bercy Arena during the weekend.

A grand hero’s welcome is expected to be given to Yulo once he arrives in the country.

“Kasama mo kami sa laban ngayon. Parte ka na ng kasaysayan. At para sa patuloy nating paglalakbay sa ating magandang pinagsamahan, sa iyo rin ang Astig Sports Bonus of P5 million,” said ArenaPlus in a statement.

The cash reward adds up to the other incentives Yulo is going to receive both from the government and private sector for his exemplary showing in his second Olympic stint.

The Philippine Sports Commission (PSC) will hand out P20 million or P10 million each for the gold medals Yulo won in Paris.