GOT7’s Yugyeom’s contract with JYP Entertainment will soon expire; he will reportedly leave JYP Entertainment and join AOMG. The label is founded by former 2PM and JYP Entertainment artist Jay Park.
As for the group’s future activities, JYP reportedly commented that they are discussing plans to continue to work together as GOT7 — even with the members who might be transferring to different agencies.
UPDATE: JYP Entertainment commented that they are still discussing the members’ contracts and will be announcing their official statements once they’ve come to an agreement.
Source: (1)