CASH REWARDS FOR RP SPORTS LEGENDS
Manila, April 17, 1998 - Sixty two athletes who have contributed to Philippine sports will receive monetary rewards from the Philippine Sports Commission.
The PSC announced that Filipino sports legends who lead the awardees are: basketball hero Carlos Loyzaga, boxing greats Anthony Villanueva and Onyok Velasco, swimmer Haydee Coloso-Espino and track queens Mona Sulaiman, Lydia de Vega and Elma Muros.
Velasco is expected to receive P750,000 and a monthly pension of P7,000; Coloso-Espino will receive P330,500; Sulaiman's cash grant is P203,000. Lydia De Vega will get P180,000; Loyzaga has P159,500 and boxer Villanueva P200,000.
They will also get monthly pensions, but the details and guidelines are still being ironed out by the sports commission.
The budget for the first set of lump sum awards is P3.7 million.
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