PRIZED PICK. Luis Villegas lands with Rain or Shine in the 2023 PBA Draft.PRIZED PICK. Luis Villegas lands with Rain or Shine in the 2023 PBA Draft.

Yeng Guiao pleased to do part for PH sports after winning long underdog battle

2026/02/20 18:58
5 min read

MANILA, Philippines – Yeng Guiao has always been an underdog.

In the PBA, he coaches one of the few independent teams, Rain or Shine, and it has been a decade since he won his last championship as the league continues to be dominated by the same clubs which have taken turns at the throne. 

Rare as the instance may be, though, underdogs find ways to win.

Guiao scored what he considers the biggest achievement of his career — in sports and in legislation — as the Supreme Court granted his petition compelling the Philippine Amusement and Gaming Corporation (PAGCOR) to remit the full amount of 5% of its gross annual income from 1993 to present to the Philippine Sports Commission (PSC) in accordance with Republic Act No. 6847. 

The Supreme Court also ordered the Philippine Charity Sweepstakes Office (PCSO) to remit to the PSC 30% representing the charity fund of the proceeds of six sweepstakes or lottery draws per year, including its lotto draws from 2006 to the present. 

Must Read

SC to Pagcor, PCSO: Remit income portion to Philippine Sports Commission

It is a monumental victory that earned Guiao the President’s Award from the Philippine Sportswriters Association as he became the first non-athlete to be bestowed the honor.

“This is my way of paying it forward. Sports has given me a good life – my family and I. It’s given me material things, wisdom, knowledge, and great experience. And for me, the best way to pay it forward was just to stake my effort and reputation to pursuing this case,” said Guiao in his captivating acceptance speech. 

Guiao filed the petition in 2016 just months before he ended his term as congressman of Pampanga’s 1st District.

He thought it was “political suicide” to go up against PAGCOR, PCSO, and the Office of the President, but the firebrand mentor known for his ferocity and gumption gritted his teeth and soldiered on in what seemed like a David-versus-Goliath battle.

It helped that Guiao had a supporting cast in his former chief of staff Mon Navarra and lawyer Jun Guzman, whom he both asked to be on stage with him during the awards night at the Diamond Hotel on Monday, February 16. 

After nearly a decade, the Supreme Court ruled in Guiao’s favor in 2024 and denied the motions for reconsideration filed by PAGCOR and PCSO in 2025. 

Guiao said he estimates that Philippine sports will benefit a total of P37 billion in accumulated funds — a staggering amount that, according to him, will raise PSC’s monthly budget from an average of P180 million to close to P500 million. 

“We shot for the moon. It was a long shot, but once in a while, you’ll hit it big. We did not actually expect that we could win this one. When we were planning it out, we thought that we could convince others to join us,” said Guiao. 

“Who is Yeng Guiao to go to the Supreme Court and ask the Supreme Court to take away billions of funds from the Office of the President? It was political suicide. If the president gets angry, you’re done. But maybe somebody had to commit political suicide so that Philippine sports can breathe some fresh air.” 

Guiao paid tribute to his late father Bren, a former governor of Pampanga, and mother Teresita, crediting his parents for his upbringing. 

“Yes, I may be strict. I may be yelling at my players. But deep inside, I’m still a kind person. And that was ingrained in me by my parents — to live a simple life, to care for others, to value competence and integrity, and to be a bulldog when you know you are right,” he said. 

“I’ve always believed that you honor your parents with the person that you become. So I’d like to honor my parents with this award.” 

Now that he has done his part, Guiao trusts the PSC, under the leadership of chairman Patrick “Pato” Gregorio, to put the funds to good use as he hopes to see more Filipino sports heroes excel on the world stage. 

“This victory is a victory for athletes of the coming generation. It’s a victory for our sports leaders. It’s a victory for our countrymen in general. I hope there will be more like Carlos Yulo, like Hidilyn Diaz, like Alex Eala, like EJ Obiena. And I will be happy and satisfied that we’ve had a small part in that,” said Guiao. 

“In a week, in a month’s time, in a year’s time, we will be forgotten. But that is not important because we did not do this to be remembered. We did this to be of service, whether we’re forgotten or not, and we know we will be. But the satisfaction that is knowing that in our own small way, we have paid it forward.”

“The best stories in the world are sports stories, are athletes stories, because they’re always authentic. You cannot fake stories of athletes,” he added. “And I’m thankful and happy that somehow, maybe I’ll be in the stories of the next generation of athletes.” – Rappler.com

Must Read

Yeng Guiao fears top draftees will soon end up with powerhouse teams, calls for PBA parity

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

In the ever-evolving world of cryptocurrencies, recent developments have sparked significant interest. A closer look at pricing forecasts for Cardano (ADA) and rumors surrounding a Solana (SOL) ETF, coupled with the emergence of a promising new entrant, Layer Brett, reveals a complex market dynamic. Cardano's Prospects: A Closer Look Cardano, a stalwart in the blockchain space, continues to hold its ground with its research-driven development strategy. The latest price predictions for ADA suggest potential gains, predicting a double or even quadruple increase in its valuation. Despite these optimistic forecasts, the allure of exponential gains drives traders toward more speculative ventures. The Buzz Around Solana ETF The potential introduction of a Solana ETF has the crypto community abuzz, potentially catapulting SOL prices to new heights. As investors await regulatory decisions, the impact of such an ETF on Solana's value could be substantial, potentially reaching up to $300. However, as with Cardano, the substantial market capitalization of Solana may temper its growth potential. Why Layer Brett is Gaining Traction Amidst established names, a new contender, Layer Brett, has started to capture the market's attention with its early presale stages. Offering a low entry price of just $0.0058 and promising over 700% in staking rewards, Layer Brett presents a tempting proposition for those looking to maximize returns. Comparative Analysis: ADA, SOL, and $LBRETT While both ADA and SOL offer stable investment choices with reliable growth, Layer Brett emerges as a high-risk, high-reward option that could potentially offer significantly higher returns due to its nascent market position and aggressive economic model. Initial presale pricing lets investors get in on the ground floor. Staking rewards currently exceed 690%, a persuasive incentive for early adopters. Backed by Ethereum's Layer 2 for enhanced transaction speed and reduced costs. A community-focused $1 million giveaway to further drive engagement and investor interest. Predicted by some analysts to offer up to 50x returns in coming years. Shifting Sands: Investor Movements As the crypto market landscape shifts, many investors, including those traditionally holding ADA and SOL, are beginning to diversify their portfolios by turning to high-potential opportunities like Layer Brett. The combination of strategic presale pricing and significant staking rewards is creating a momentum of its own. Act Fast: Time-Sensitive Opportunities As September progresses, opportunities to capitalize on these low entry points and high yield offerings from Layer Brett are likely to diminish. With increasing attention and funds being directed towards this new asset, the window to act is closing quickly. Invest in Layer Brett now to secure your position before the next price hike and staking rewards reduction. For more information, visit the Layer Brett website, join their Telegram group, or follow them on X by clicking the following links: Website Telegram X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Share
Coinstats2025/09/18 18:39
Tests 50-day EMA barrier near 183.00

Tests 50-day EMA barrier near 183.00

The post Tests 50-day EMA barrier near 183.00 appeared on BitcoinEthereumNews.com. EUR/JPY remains steady after three days of gains, trading around 182.70 during
Share
BitcoinEthereumNews2026/02/23 17:03
Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Discover how Moonshot MAGAX’s AI-powered meme-to-earn platform outpaces Shiba Inu with innovative tokenomics and growth potential in 2025.
Share
Blockchainreporter2025/09/18 03:15