Here's how much cash incentive Carlos Yulo will get for his 2 Asian Games gold medals
Carlos Yulo made the Philippines proud once more as he added two gold medals to his growing collection during his stint at the 2026 Asian Games in Japan.
In case you missed it, Yulo won the country's first gold at this year's competition when he ruled the men’s floor exercise final on Sept. 24. He later secured another win with a clean second vault, scoring 14.466 from a 5.2 difficulty and a 9.266 execution score during the men's vault final on Sept. 26.
While the medals themselves are a testament to his performance, his two victories also come with well-deserved cash incentives.
Under Republic Act 10699, which details the benefits and incentives granted to national athletes and coaches, medalists who bring home gold, silver, or bronze from major international competitions are entitled to cash incentives depending on the event and medal they won.
The law specifically includes the Asian Games among the international competitions covered by the incentives, awarding athletes P2 million for winning gold. Since Yulo won two, this means that he will have P4 million to show for his two-gold haul.
Who else gets a piece of the prize?
The incentives don't stop with those who win gold, as other medalists, teams, and coaches are also provided with benefits.
The law grants P1 million in cash incentives for silver medalists at the Asian Games, while those who win bronze are awarded P400,000.
Yulo's younger brother Karl Eldrew, for instance, will be coming home with P400,000 in his bank account after he secured a bronze medal in the men’s horizontal bar final.
For team events where there are fewer than five participants per team, they will receive the same cash incentives for individual medal winners, to be divided equally among members who were actually present during the competition.
Meanwhile, teams with five or more participants follow a different setup, with each team member receiving 25% of the incentive given to an individual medalist.
The law also extends cash incentives to the coaches behind these medal-winning performances. Eligible coaches can get 50% of the cash incentives for gold, silver and bronze medalists. In case of more than one coach, the cash incentives shall be divided among themselves.
With this, Yulo's coach, Aldrin Castañeda, will get P2 million for his victories.
As of writing, the Philippines has a total of 14 medals at the 2026 Asian Games. Apart from Yulo's two gold medals and his brother's bronze, other winners include the following:
- Gilas women for 3x3 basketball - Silver
- John Tolentino for men's 110m hurdles - Bronze
- Sibol for Honor of Kings (esports) - Bronze
- Sibol for Pokémon Unite (esports) - Bronze
- Marie June Adriano for women's kumite 50kg final - Bronze
- Philippine women's kata team - Bronze
- Jean Claud Saclag for men's traditional MMA -65kg - Silver
- Carlos Alvares for men's traditional MMA -77kg - Bronze
- Philippine men's sepak takraw team - Bronze
- Philippine women's soft tennis - Bronze
- Albert Ian Delos Santos for men's 70kg weightlifting - Bronze
Yulo's wins at the Asian Games are his latest addition to a decorated career that includes two Olympic golds, three World Championships titles, 11 Asian Championships golds, and nine Southeast Asian Games golds.