Myla Pablo signed a lucrative contract with Pocari Sweat in the Shakey’s V-League, making her the highest paid women’s volleyball player in the country today.
A source with deep knowledge of the situation revealed that the prized open spiker signed a five-year contract worth P4.6 million, something that could match or surpass the salary of the rookies in the Philippine Basketball Association (PBA).
The actual structure of Pablo’s contract is not available at the moment, but the source confirmed that the Lady Warriors happily threw in a brand-new car as her signing bonus.
Signing a player to a hefty deal has its risk.
While team owners would love to secure her services for a longer period of time, some of them are reluctant as there would always be the risk of pregnancy, which is unlike male professional basketball players who are normally being given around three to seven-year contract.
The source said Pocari Sweat management was more than happy to give Pablo the contract she deserves.
A calculated risk
Pocari Sweat team manager Eric Ty admitted that there’s really a lot of risk involved. But he explained that with Pablo’s caliber, the risk would be worth it.
Pocari Sweat president Shinichi Suzuki said they are pinning their trust and confidence on Pablo and with her signing a fresh five-year pact, the would be solid contenders for the next five years.
Pablo, who just earned her Marketing Management degree from National University, steered the Lady Warriors to the V-League Open Conference title against BaliPure. Few months later, she was at it again as she powered them to another title – the Reinforced Conference – where they knocked down star Alyssa Valdez and her Bureau of Customs.
With Pablo’s signing, the landscape of Philippine volleyball is expected to change dramatically.
Marquee players like Valdez, Rachel Anne Daquis, Cha Cruz and Aby Marano are tipped to receive longer, heftier contracts while student-athletes like Jaja Santiago, Kim Fajardo, EJ Laure and Sisi Rondina are expected to have their allowance package re-structured.
Pablo said she was shocked to learn that she would be given a long contract since other players are given only one-year deal.