Lee Jung-jae to earn $700,000 per episode of ‘Squid Game 2,’ local reports say

“Squid Game” star Lee Jung-jae will earn six figures for each episode of his hit show’s second season, according to South Korean media outlets.

On Tuesday, insiders reportedly said that “Squid Game” Season 2 will begin filming next year, with Lee signing a deal for 1 billion Korean won (approximately $700,000) per episode, local outlets reported.

If the hit Netflix show’s second season gets a nine-episode run like its first season did, Lee could potentially make 9 billion Korean won (approximately $6.3 million). "Squid Game" director Hwang Dong-hyuk is also expected to earn big, but insiders did not disclose the exact amount the Emmy Award-winning director may potentially receive. It was reported, however, that the upcoming season’s budget is estimated to be around 100 billion Korean won (approximately $70 million).

Following the news, both Netflix and “Squid Game” producer Cyron Pictures stated that the companies behind the series have not yet decided on Lee's appearance fee per episode since “the script for 'Squid Game 2' is still in the process of being written.”

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In addition to salary rumors, many fans have been wondering if veteran Hong Kong actor Tony Leung will join the “Squid Game” Season 2 cast after Leung’s wife, Carina Lau, shared photos of Leung and Hwang meeting in person on Sunday.

“Ready for Squid Game? @squidgamenetflix?” Lau teased in the caption of the post that sparked the casting rumors.

The official release date for Season 2 of “Squid Game” has yet to be announced, but it is expected to premiere sometime in 2024.

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