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In a move that has sparked both praise and controversy, K-pop sensation BLACKPINK recently renewed their contract with YG Entertainment. The contract renewal comes at a time when the group is gearing up for its world tour, which has already generated significant buzz among fans around the globe.

According to Korean media reports, the contract renewal deal sees BLACKPINK signing on for personal contracts worth approximately 1.5 billion won (approx. RMB80 million), sparking a heated debate among Weibo netizens. While some have applauded the group's achievement, others have criticized the amount as insufficient when compared to other entertainers' earnings.

"1.5 billion won is too little for BLACKPINK," said one Weibo user. "Converted into RMB, it's only 8 million. Think about the fact that Inner Entertainment Sharpie is earning 200w per day. This group contract is still not as much as Sharpie's 4 days salary."

The controversy has also led some netizens to question BLACKPINK's decision to renew their contract with YG, given the disparity in earnings between the group and other high-profile entertainers. "Respect Jennie's decision," said another user. "No matter what, just look forward to the future development of the only all-round ACE [Jennie]. This tour de force stage style is destined to be a big hit wherever you go."

In addition to the contract renewal, there has been speculation that YG may reevaluate its position after the announcement. A securities researcher reportedly claimed that the contract renewal deposit per member would be around 1-1.5 billion won (approx. RMB8.3 million).

However, some netizens have taken issue with YG's handling of the situation, suggesting that it has damaged the company's reputation. "Back off," said one user. "It's not as expensive as Park Chae-young's necklace or bracelet. Aiya [Chinese slang for 'oh well'], other companies dig Lisa [a Chinese idol] is 81 million dollars. You can't tell who the father is."

Others have urged BLACKPINK to explore alternative contract options, expressing their disappointment with YG's handling of the situation. "Don't renew any of the four mothers [BLACKPINK members]," said one user. "You're giving YG a bad name. You can't tell who's the father."

With concerns over BLACKPINK's contract renewal dominating the conversation, some netizens have suggested that the group consider signing with a Chinese management company instead. "Suggested to sign with the Chinese powder [Chinese entertainment companies]," said one user. "This contract gold [money] can be put together by themselves."

In conclusion, BLACKPINK's contract renewal with YG has sparked a mix of reactions from Weibo netizens, highlighting both the group's achievements and the potential drawbacks of staying with their current management. As the world eagerly awaits BLACKPINK's upcoming performances, it remains to be seen how the controversy will impact the group's future success.