Rep. Mikee Romero adds P3 M incentive to PH's 1st Olympic gold | Inquirer Sports

Rep. Mikee Romero adds P3 M incentive to PH’s 1st Olympic gold

/ 11:58 AM July 20, 2021

Carlos Yulo during the floor exercise in men’s gymnastics of the 30th Southeast Asian Games. Photo by Tristan Tamayo/

MANILA, Philippines — Deputy Speaker Mikee Romero will give P3 million to Filipino athletes who will capture a gold medal in the forthcoming Tokyo Olympics.

Romero said he will also give P2 million to silver medalists and P1 million to bronze medalists.


“This is an additional incentive and motivation for our 19 super athletes bound for the Tokyo Olympics this July 23rd to bring home the first gold medal,” Romero said.

Deputy Speaker Mikee Romero

Romero, who placed 46th in the Forbes magazine list of wealthiest Filipinos in 2020 with a net worth of US$135 million or P6.5 billion, said that the funds will come from his private company.


Aside from being a lawmaker, Romero is also the chairman and president of Globalport 900, Inc.

The Philippines is set to field in a 19-strong contingent in this year’s Tokyo Olympics. This is the largest number of Filipino athletes joining the quadrennial sporting event since the Sydney Olympics in 2000.

Philippines' Hidilyn Diaz c

The Philippines’ Hidilyn Diaz competes during the women’s 53kg weightlifting event at the Rio 2016 Olympic games in Rio de Janeiro on August 7, 2016. (AFP)

The Filipino athletes competing are in the fields of athletics, weightlifting, artistic gymnastics, boxing, golf, taekwondo, skateboarding, shooting, judo, bowling, and swimming.

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TAGS: PH Tokyo 2020, Tokyo Olympics
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