LONG MEDAL DRAUGHT IS OVER
Hidilyn Diaz, Olympic Weightlifter, bags her first silver medal at the 2016 Rio Olympics, Diaz competes on her third Olympic appearance and had successfully won the silver medal in the Weightlifting Women’s 53kg division.
It took 20 years for the Philippines before was able to take home a medal in Olympic Games, the last time that a Philippine athlete won a medal was when Mansueto “Onyok” Velasco achieved a silver medal during the 1996 Atlanta Olympic Games.
Diaz will be awarded a house & lot including a significant amount of cash coming from the Philippine Sports Commission (PSC). The said housing award was an additional incentive added from the 5 million pesos that she will receive which stated in the RA 10699 or also known as the National Athlete and Coaches Benefits and Incentives Act.
The said Republic Act states that any Philippine athlete who will be earning a gold medal at the Summer Olympics will receive 10 million pesos and an Olympic Gold Medal of Valor while silver medalist will receive 5 million and bronze medalist athletes will receive 2 million pesos in cash.
Olympic Medalist will also enjoy other benefits like discounts on hotels, transportation, restaurants and also in medicine and sports equipment.
A total of 13 Philippine athletes competed at the 2016 Olympics which includes one in golf, two in swimming, two in boxing, three in track and field, one in taekwondo, one in judoka, one in table tennis and two in weightlifting. Twelve out of the thirteen candidates fell short and were not able to take home any medals.
Hidilyn Diaz is expected to arrive on August 12 to receive her cash reward together with the rest of the Filipino athletes who competed in the 2016 Olympic Games held in Rio de Janeiro, Brazil.
Fellow athletes of Diaz will also receive monetary incentives from the Philippine Spots Commission.
Congratulations! Hidilyn 🙂