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Millions Worth of Incentives Await Hidilyn Diaz

Millions Worth of Incentives Await Hidilyn Diaz

Hidilyn Diaz made history on July 26 when she bagged the Philippines’ first gold medal at the Tokyo Olympics. She proves that hard work truly does pay off, even with the lack of resources. Aside from winning first place and bringing pride to the country, the athlete will also be granted cash from the government and private sectors and non-monetary incentives.

Millions Worth of Incentives Await Hidilyn Diaz
Photo: Reuters/Edgard Garrido

Cash Incentives

Diaz is entitled to P10 million under Republic Act No. 9064 or the National Athletes and Coaches Benefits and Incentives Act. The amount is matched by San Miguel Corporation (SMC) and the MVP Sports Foundation, each awarding her an additional P10 million.

On top of that, Diaz is also to receive P5 million from Siklab Atleta Sports Foundation, P3 million from Deputy Speaker Mikee Romero, P2.5 million from the Zamboanga City government. Being a resident of Angeles City, she’s also set to receive P200,000 from the local government. That brings the total to P40.7 million in cash.

Non-Monetary Incentives

Not only are the cash incentives pouring in, but so are the non-monetary donations. Air Asia and Philippine Airlines awarded Diaz lifetime free flights, making her the flag carrier’s first forever flyer. Add to that, Diaz gets lifetime free gas from Phoenix Petroleum and a Promotion in rank from Armed Forces of the Philippines (AFP)-Philippine Air Force (PAF).

She and her family can also reside in multiple locations around Metro Manila, including a P14-million worth condominium in Eastwood City that was gifted by Megaworld Corporation, a House and Lot of her choosing from any of Century Properties’ developments, and a House and Lot in Tagaytay City offered by Philippine Olympic Committee Chairman Abraham “Bimbol” Tolentino.

Hidilyn Diaz’s win was not without struggles, and she more than deserves all the incentives awarded to her. She dedicates this win to her family and the country and inspires everyone to keep pushing through the hardships. Diaz is scheduled to come home soon after being separated from her family for more than a year.

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