The ninth season of the series Show Me the Money (known as Show Me the Money 9 or SMTM9) premiered on October 16, 2020, and ended on December 18, 2020. It was broadcast every Friday at 23:00 (KST) on Mnet. The season returned to four producing teams, after having featured only two in the previous season. Dynamic Duo & Bewhy, Paloalto & Code Kunst, Zion.T & Giriboy, and Justhis & GroovyRoom formed the producing teams for the season.

The season saw approximately 23,000 applicants, the most in the show's history. However, fewer contestants were able to move on from the Rapper Selection Round compared to previous seasons, due to safety restrictions related to the COVID-19 pandemic.

Show Me the Money 9

The winner of the season was Lil Boi, with Team Zion.T x Giriboy as the winning producer team. He won ₩100,000,000 in cash, a sports car, and a one-year project label for his music activities, totaling to ₩500,000,000. Producer Giriboy also became the first 3-time winning producer of the show, having previously won in seasons 777 and 8.

Show Me the Money 9

Judges

Team GroovyRoom x Justhis (also known as Team Guljeot) GroovyRoom: Producer duo composed of Park Gyu-jung and Lee Hwi-min, currently signed under H1ghr Music, who previously participated as mentors/producers for seasons 2 and 3 of High School Rapper. Justhis: rapper under Indigo Music.

Show Me the Money 9

Team Code Kunst x Paloalto (also known as Team CoPal) Paloalto: Founder, rapper and former CEO of Hi-Lite Records, who in season 4 was a judge/producer for Team ZiPal and in season 777 for Team CodePalo. Code Kunst: Music producer signed under AOMG, formerly signed under the defunct HIGHGRND, who in season 777 was a judge/producer for Team CodePalo.

Team Dynamic Duo x Bewhy (also known as Team DyWhy) Choiza and Gaeko: Co-founders of Amoeba Culture who comprise the hip-hop group Dynamic Duo, and were judges/producers in season 6. Bewhy: Rapper and producer, currently signed under his own label Dejavu Group, who participated in season 4 and became the show's champion in season 5 as a member of Team AOMG. He was a winning judge/producer in season 8, with the BGM-v Crew.

Team Zion.T x Giriboy (also known as Team Jagi) Zion.T: Singer and producer under The Black Label and member of VV:D crew, who was a judge/producer in season 5 with Team YG. Giriboy: Rapper, songwriter and record producer signed under Just Music and WEDAPLUGG Records. He was a season 3 contestant under Team YDG, and a winning judge/producer in seasons 777 and 8 for Team Just Music and BGM-v crew respectively.

Teams

After the 60 Seconds Team Trials, contestants who passed chose a producer team to join. There were ten members per producer team. Producer teams then selected contestants, if their team did not have ten members by the end of the 60 Second Team Trials:

Team GroovyRoom x Justhis: Mushvenom: Independent rapper, also known as TRICKER, who was in seasons 2 and 6, and 8, and released TFT Mobile’s commercial jingle “Dududunga”. Khundi Panda: Signed under Dejavu Group. Mirani: Rookie rapper and member of VAT crew with fellow Team Member Munchman, initially eliminated during the 60 Seconds Team Trials but later revived to join the team. Later signed with GroovyRoom's newly founded label AREA. Munchman: Member of rap and dance group MostBadassAsian (MBA crew) under Stoneship and VAT crew with fellow Team Member Mirani. Previously participated in season 8, in which he gained popularity after his elimination in that season's rapper evaluation round for performing his soon-to-be hit song "DDK". Kidd King: Member of Clarity Crew who previously participated in season 777, and in season 5 under his real name Baek Min-hyuk. Owen: See §Controversies. D.Ark: Season 777 contestant, as member of Team Illionaire Ambition. After his elimination from the show, he eventually signed under Psy's P Nation record label. Yenjamin: Signed under Brand New Music and leader of KIFF Clan. Previously participated in the second season of High School Rapper. Blase: Previously participated in season 8 as a preliminary member of BGM-v crew. Formerly known as Bla$e Kid. Kim Gyu-ha: Also known by his rapper name Reidaneon. He later participated in the fourth season of High School Rapper.