Old School. Biblically Independent.
By Dustin Rowles | TV | July 3, 2025
Season three of Squid Game, which was really just the back half of season two, has wrapped, and the show is over. Let’s talk about what happened.
So, how did it end?
Everyone dies in the game except the baby.
Everyone, even Seong Gi-hun, #456?
Yes. He reenters the game in order to save everyone, but everyone still dies — except the baby.
Wait, there’s a baby?
Yes. One of the women who enters the game is pregnant, and then during hide-and-seek—while one team is hunting down the other team and killing them, she gives birth to the baby. And then the elderly woman, Geum-ja (Player 149), the mother of Player 007 (Yong‑sik), kills her own son to keep him from killing the baby to save his own life. After hide-and-seek, wracked with guilt, the elderly woman hangs herself.
Oh. Yikes. That’s dark. What happened to the baby’s mom?
The mom, Kim Jun‑hee (Player 222), broke her ankle during hide-and-seek before she gave birth. Then, during the deadly game of jump rope, she handed her baby off to Seong Gi-hun and asked him to protect the child. Because she couldn’t jump with a broken ankle, she leaped to her death.
Cheery! What about the baby’s father?
That’s Lee Myung‑gi, Player 333. He’s the ex-boyfriend. During hide-and-seek, he killed Cho Hyun‑ju (Player 120), the trans woman who had been protecting Jun‑hee. Jun-hee was so pissed off about that, she gave the baby to Seong Gi-hun to protect instead of the father. But Seong Gi-hun, Lee Myung‑gi, and the baby — who took Jun-hee’s number and was forced into the game — were three of the nine people who made it to the last game.
What was the last game?
The last game was called Sky Squid Game. With nine people left, there were three sky-high towers. On each platform, the remaining players had to push one person off and kill them to advance to the next tower. Theoretically, one player would be killed on each tower until there were six remaining on the final tower to split the money. It didn’t work out like that. There was a lot of arguing and strategizing, and in the process, the six glorified redshirts were eventually pushed to their deaths, leaving the baby’s father, Lee Myung‑gi; Seong Gi-hun; and the baby.
Before the three of them made it to the last tower, it became clear that the baby’s father was going to leave Seong Gi-hun behind and kill his own baby to collect all the winnings. Seong Gi-hun refused to allow that to happen and ultimately pushed Lee Myung‑gi to his death. With only Seong Gi-hun and the baby left on the final tower, and with one needing to die to end the game, Seong Gi-hun jumped to his own death to save the baby. It was very sad.
And so the baby won the game? But who was left to take care of the baby?
OK, so there were four people outside of the game who are important to know. Kang No‑eul was a pink‑guard operative who worked as a double agent to take down the Squid Games. She helped Player 246, Park Gyeong‑seok, escape the game and return to his daughter (who had cancer, but survived). She also killed her superior officer (and a lot of other pink guards) and torched the records of all the players so no one would hunt down Park Gyeong‑seok outside the game and kill him.
No‑eul, who was a North Korean defector, also escaped and endeavored to track down her own daughter, whom she believed had died. However, she learns that her daughter may still be alive in China.
There’s also Detective Hwang Jun‑ho, the younger brother of the Front Man, Hwang In-ho (who had actually befriended Seong Gi-hun while playing the game before the attempted rebellion). Jun‑ho spends the season trying to track down the island and dismantle the game. He manages to infiltrate the island, but In-ho hits the self-destruct button. After the game, the Front Man delivers the baby and all the winnings to Jun-ho so he can become the baby’s guardian.
OK. What happens to the Front Man then?
He goes to America and delivers Seong Gi-hun’s remaining winnings from the first game to Seong Gi-hun’s estranged daughter. Then he spots an American recruiter, played by Cate Blanchett, challenging a man to a game of ddakji—heavily implying that the Squid Games continue in America.
And that’s it?
Yep. Basically.
What did you think?
It was fine.
It was fine?
Yeah. Kind of unnecessary, but it was well done. I don’t want to say it was entertaining, because that’s not the right word, but it was very watchable. I wouldn’t want to watch a fourth season, though, and I’m not even sure I’d have much of an appetite for the American remake David Fincher is developing. But it’s also David Fincher, so I’d probably watch it anyway, just to see what he does with it.
