Baekhyun allegedly promised a USD 25.5 million home, claims emerge of USD 46 million in damages
EXO's Baekhyun is reportedly facing significant financial losses linked to a contract dispute involving ONE HUNDRED and Chairman Cha Ga Won. Allegations suggest he was promised a luxury villa that has not been built, alongside other failed financial commitments.
Why it matters
High-profile financial disputes involving K-pop idols highlight the risks and complexities of exclusive entertainment contracts.
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Amid the ongoing controversy surrounding MC Mong and Chairman Cha Ga Won , claims have emerged that EXO 's Baekhyun suffered financial losses totaling hundreds of billions of won.
On Aug. 22, YouTuber Lee Jin Ho discussed the controversy in a video, claiming that Baekhyun was among those who suffered the greatest financial losses. "There are many victims from this situation, but there is one person who suffered the biggest loss," he said.
The alleged losses were linked to Baekhyun's exclusive contract with ONE HUNDRED. The video also touched on the tampering allegations surrounding the deal, with claims that MC Mong had approached the singer while he still had time remaining on his exclusive contract with SM Entertainment.
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