Leonardo was now recognized as the World Champion. Aside from the glory, his success was financially lucrative. He received 1,000 ducats, a princely sum for the day. He was also presented with an ermine cloak.
Phillip sent a letter of congratulations to John of Austria, then the acting Regent for Italy. Leonardo's home town of Cutro was exempted from taxation for the following 20 years in honor of the triumph he had won for Italy. Furthermore it was given the title City of Chess. The event is commemorated in Cutro annually to this day.
Leonardo and Boi were both invited to Portugal by Phillip's nephew, King Dom Sebastian I. There they faced Sebastian's champion El Morro, where again they both prevailed. During his stay Sebastian dubbed Leonardo Il Cavaliere Errante (The Wandering Knight) due to his long time away from home. He eventually returned to Italy and settled in Naples. From there he continued to dominate chess for many years under the patronage of the Prince of Bisignano.