P12 million for 2012 Olympic boxing gold



A 12 million peso reward awaits the Filipino boxer who captures a gold medal in the 2012 London Olympics.

Amateur boxing chairman Manny V. Pangilinan said Smart Communications is committed to give the multi-million prize for that elusive gold. “This is the first major step from Bacolod to London. Please stay with us in our quest for the Olympic gold in London,” said Pangilinan in announcing the rich cash incentives for Filipino boxers.

Pangilinan, also the Samahang Basketbol ng Pilipinas president and PLDT and Smart chair, bared that an Olympic silver medal will be worth P3 million while P1 million will be offered for the bronze medal during the ABAP national congress at the L’Fisher Hotel here.

Achievers in other international boxing tournaments also stand to receive rich rewards.

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