3.3 million agency-hopping fee. Agencies fight to lure Rain away from JYPE

Rain's contract with JYPE expires in May next year, and several Korean agencies are already eyeing to grab this hot property. Some are naming prices as high as a billion won in order to "seduce" Rain away from his mentor and producer, JY Park.

As of November last year up to now, Rain has reaped in up to NT170 million in endorsement revenue alone, certainly bringing in the big bucks for JYPE.

His contract with JYP ends May next year, and with regards to someone offering a billion for his disciple to leave him, JYP offers no opinion, but coolly commented that, "the most urgent task now is to help Rain break into the US market."

Park Ji Yoon ruined when she did not renew her contract

JY Park is also widely known as the "Godfather of Korean R&B". He started out as a singer, had released 6 albums during his singing career, and is also a great dancer. Owing to a lack of an outstanding appearance, he did not make it big as a singer, but became a producer later on. Park Ji Yoon, who was a very famous singer many years ago, was one of the artistes JY Park had groomed successfully.

However, words in the Korean entertainment industry said that Park Ji Yoon did not renew her contract with JY Park after she became famous. Hence, in the final album JY Park produced for her, he destroyed her career by deliberately giving her a terrible image with bad hair, and songs with lewd lyrics in the album.

Because of this album, her popularity dropped significantly, and had to turn to acting instead. If Rain has any intentions to leave JY Park, he would need to strategize his moves very carefully.

The Money-Spinning Ability of Rain
Endorsement/ Fee ( in Taiwan NT)
SK Telecom/ NT 29,000,000
LG Computer/ NT 29,000,000
DHC/ NT 26,000,000
Pantech Handphones/ 59,000,000
Pepsi /32,000,000

Total/ NT170,000,000(Nov 2005~ Feb 2006)