Streaming
After watching the 'Squid Game' Season 1 finale, fans are curious if Season 2 is in the works.

Whoa, Squid Game's Creator Teased Season 2 Could Be A Prequel

It could focus on a totally unexpected character.

Updated: 
Originally Published: 
Netflix

Every so often, a Netflix show jumps out of seemingly nowhere and becomes the one thing everyone can’t stop talking about. In the fall of 2021, that inescapable surprise hit was Squid Game. It isn’t hard to see why the Korean drama series blew up once you start watching it. Filled with colorful and unique aesthetic choices, gasp-inducing twists, and a gruesome central concept that you can’t possibly look away from, Squid Game was a nonstop thrill ride from start to finish. And the ride might not be over just yet, because the Squid Game finale seemed to tease Squid Game Season 2 could be in the works. While you continue to ponder that wild ending, here are all the details and theories about Squid Game Season 2 to get you hype for more.

Shortly after its Sept. 17 release, Squid Game became the first Korean series to ever top Netflix’s charts and it established itself as a constant trending topic on Twitter. The buzzy survival series has drawn a lot of comparisons to the buzzy Hunger Games movies and the 2000 Japanese film Battle Royale, but everything from its tone, visuals, and plot twists feel completely fresh. In particular, the finale episode took a bunch of turns many viewers never saw coming, including a hint that a second season could be on the way. Before discussing the potential for a return to the game, let’s break down that ending. Spoiler alert: Don’t read on if you have not finished all of Squid Game Season 1.

Squid Game Season 1 Ending Explained

The Squid Game finale brought the gruesome contest to an end, but winning wasn’t all that it seemed. As viewer probably guessed from the very beginning, the final game in the contest was Squid Game, a Korean childhood game in which one player tries to reach a small space at the top of a squid-like chalk outline while the other player tries to push them out of bounds. At this point, only Gi-hun and Sang-woo are left in the competition, and both have been pushed to their limits. However, when Gi-hun finally manages to get the best of his former ally, he offers to end things in a stalemate rather than claim the prize for himself. Shockingly, Sang-woo stabs himself in the neck rather than take the deal, leaving Gi-hun as the sole winner of the 45 billion won prize.

Netflix

Fans are left to their own speculations about Sang-woo’s choice, but the clear message seems to be that he simply could not face the monster he had become within the game. Had Sang-woo taken Gi-hun’s deal, he would have left the game alive, but without any of the prize money he had manipulated, backstabbed, and killed for, forcing him to truly face his terrible actions.

Sang-woo’s death isn’t the only big finale twist, though. After Gi-hun’s big win, the finale flashed forward to a year later, revealing Gi-hun is still depressed and has barely touched his prize money at all, because he’s haunted by his time in the competition. It’s then that he gets a mysterious card telling him where to meet an old friend. Much to Gi-hun’s (and the viewers’) surprise, that old friend turns out to be Il-nam, the elderly man who Gi-hun had assumed he caused to be killed during the marbles game.

Netflix

Il-nam revealed to Gi-hun that he had actually been in charge of the competition the entire time. Unlike the act he put on in the game, Il-nam is revealed to be an ultra-wealthy broker who set up the Squid Game out of boredom. As he drew close to death, Il-nam decided to play the games himself for one last bit of fun. Of course, the stakes were never there for him like they were for everyone else, since he was secretly running things the whole time, so he was spared after losing the marbles game. After divulging his secret, Il-nam succumbs to his brain tumor as Gi-hun watches over him still in shock.

Motivated by a renewed belief that humans can be truly kind to one another, Gi-hun fulfills the promises he made to his closest friends in the game, tracking down Sae-byeok’s brother and giving him to Sang-woo’s mother to raise, along with a suitcase stuffed with cash. But just as everything seemed to be finally going well for Gi-hun, he noticed the Squid Game recruiter who enlisted him in the first place drawing in another down-and-out man. Grabbing the contact card, Gi-hun called the Squid Game number and seemed to promise some form of vengeance: “I can’t forgive you for everything you’re doing.” Instead of boarding the plane to visit his daughter, Gi-hun then turned around and left the loading dock, suggesting he is beginning a new mission to take down the Squid Game.

Squid Game Season 2 Release Date

Although the finale leaves the door open for another season, writer/director Hwang Dong-hyuk told Variety that he doesn’t have plans for a potential Season 2 just yet. “I don’t have well developed plans for Squid Game 2,” he said. “It is quite tiring just thinking about it. But if I were to do it, I would certainly not do it alone. I’d consider using a writers’ room and would want multiple experienced directors.”

For its part, Netflix sounds optimistic about the prospects of a second season. The streamer’s global TV head Bela Bajaria told Vulture on Sept. 30 that they’re “trying to figure out the right structure for [Hwang Dong-hyuk]” to create Season 2, in terms of scheduling and building a writers’ room.

Squid Game Season 2 Cast

Given all the carnage inherent in Squid Game, it’s safe to say a second season would have to introduce a whole new cast of characters. The only actors likely to reprise their roles are Lee Jung-jae as sole survivor Gi-hun and Lee Byung-hun as the still-enigmatic Front Man, who may actually be running the Squid Game himself now that Il-nam is dead.

Netflix

However, Hwang Dong-hyuk has also thrown out the idea of a second season going back in time to really get into Il-nam’s backstory. “The way [Il-nam] yearns for the happy moments of his past shows that he has lost many things including his family and his humanity at the cost of success. If there will be a Season 2, we might reveal a little more about his past story,” Dong-hyuk told RadioTimes.com on Oct. 4.

Squid Game Season 2 Trailer

Since a second season is still in limbo, there’s not footage of any future Squid Game installment yet.

Squid Game Season 2 Theories

There are a lot of different directions a second season could take. Perhaps Gi-hun will re-enter the game as a contestant and use his insider knowledge to take it down from within, or maybe he will become a masked VIP, since he is obviously wealthy enough to buy his way into VIP status now.

One exciting theory is that the new season could explore an entirely new location. This stems from a small, throwaway line one of the VIPs utters in the finale. The masked man notes that the Korean games are his favorite, which suggests there are other Squid Games in different countries. Shifting focus to a different country’s Squid Game would also introduce a whole new set of deadly, country-specific games the players must survive, since the first season’s games were all distinctly Korean childhood games. Clearly, fans of the series have a lot to theorize about as they await any news about a potential Season 2.

This article was originally published on