-Manny Pacquiao has promised to give ₱5 million for every athlete who can bring home a gold medal from the Olympics in Rio de Janeiro, Brazil
-Pacquiao's ₱5 million offer aims to motivate competing athletes to bring home a gold medal (a first for the Philippines should it happen)
-Pacquiao is currently busy working on two proposals as Chairman of the Committee on Sports seeking more budget for the Philippines Sports Commission and creating a better sports program in the Philippines
Manila, Philippines - Philippine senator and boxing world champion Manny Pacquiao has announced to give a reward of ₱5 million to Filipino athletes who can take gold in their respective events in the 2016 Olympics in Rio de Janeiro, Brazil.
Historically, the Philippines is the second most densely populated country that has not won an Olympic gold medal.
In an exclusive interview with CNN Philippines, Pacquaio said ,"Sabi ko sa kanila, magdala kayo ng gold medal at bawat isang gold medal, may five million [There will be five million for every gold medal you bring home]."
Pacquiao expressed his sentiment on how difficult it is to be an athlete especially because of the lack of government support.
Being once an amateur athlete lead the senator to shell out cash from his own pocket and reward those who can bring home gold medals.
Pacquiao also said that his reward offer is open to all athletes, not just for boxers.
The boxing champion is also scheduled to be in Doha, Qatar on Wednesday to support Filipino light flyweight Rogen Ladon and welterweight Eumir Felix Marcial as they fight in the World Boxing Championship Olympic qualifier from October 5 to 15.
Currently, the senator, appointed as chairman of the Committee on Sports, is preoccupied working on two proposals.
According to him, he is currently working on seeking more budget for the Philippine Sports Commission and creating a Department of Sports that will be responsible for the welfare of local athletes on the ground.
Pacquiao stressed the importance of a grassroots program in helping with the discovery of young athletes, whose potential can be utilized and maximized through proper training.
Although he has previously mentioned that his legislative work is his priority, Pacquiao has also expressed his desire to fight saying that boxing has always been his passion.
Pacquiao will reportedly fight Jesse Vargas, American World Boxing Organization welterweight champion in November.
When asked about more information about the fight, the senator said that he is waiting for his promoter Bob Arum to finalize the details.
Currently, Pacquiao is not under any training regimen for boxing. He said, for now, he is just playing basketball.
Pacquiao is also set to be awarded the prestigious Asia Game Changer Award from Asia Society in New York City on October 13.