*This content was translated by AI.

The Ulsan Hyundai Mobis Phoebus of the professional basketball league announced that it has signed a 2026-2027 player contract with guard Lee Woo-seok, who led the team to a gold medal at the 2026 Aichi-Nagoya Asian Games and received an early discharge from military service.
Hyundai Mobis stated in a press release on the 2nd that it has signed a 2026-2027 player contract with Asian Games gold medalist Lee Woo-seok and completed the player registration procedures.
Following his early discharge approximately two months ahead of schedule, Lee Woo-seok is set to acquire free agent (FA) status after the conclusion of the upcoming season. He signed a contract for a total compensation of 590 million won, representing an increase of approximately 103% compared to his salary prior to enlistment.
Lee Woo-seok contributed to the national team’s gold medal victory in the men’s basketball final at the Asian Games held in Nagoya, Japan, on September 20 last year. In particular, he played a decisive role in Korean basketball reclaiming the Asian Games gold medal for the first time in 12 years by performing as a key guard for the national team, including scoring 19 points in the semifinal against Iran.
Lee Woo-seok, who enlisted in the National COLONY Corps (Sangmu) in May 2025, was originally scheduled to be discharged in November. However, he received an early discharge effective as of the 28th of last month due to military service benefits granted for winning a gold medal at this tournament.
Selected with the third overall pick in the first round of the 2020 KBL Domestic Rookie Draft, Lee Woo-seok donned the Hyundai Mobis jersey and has steadily grown into a pillar of the team since joining. In the season immediately prior to his enlistment, 2024-2025, he played in all 54 regular-season games, serving as a core member of the team’s lineup.
Having completed both the contract and registration, Lee Woo-seok will immediately join the Hyundai Mobis roster to begin preparations for the 2026-2027 season opener.
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*This content was translated by AI.
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