THE PHILIPPINE Sports Commission will release the cash incentives of the medalists in the 2013 Southeast Asian Games in Myanmar during a Thanksgiving Mass on Friday night at the Philsports Arena in Pasig City.
PSC chairman Ritchie Garcia said a total of P7,690,000 will be given to the 29 gold, 34 silver, and 37 bronze medalists who won for the Philippines as well as their coaches in the just concluded SEA Games in the monthly first Friday Mass organized by the Philippine Olympic Committee.
Under Republic Act 9064, a SEA Games gold medalist is entitled to receive P100,000, silver medalist P50,000, and bronze winner P10,000. Coaches of gold medalists get P50,000, silver medalists P25,000 and bronze medalists P5,000.
The funds come from the remittance of the Philippine Amusement and Gaming Corporation (Pagcor) to the National Sports Development Fund.
"We will have our First Friday mass tomorrow sa Ultra at hinigi ng POC na doon na rin ibigay ang incentives sa SEA Games," said Garcia on Sports Radio 918.
Garcia also said the rightful coaches will receive the cash incentives as athletes were made to sign a document stating the name of their coach. In some cases, several coaches work with one specific athlete, while in some instances, one coach oversees the training of several athletes.