Will Ferrell Says He Turned Down An Enormous Payday For “Elf 2”

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splits: 12

In a current Hollywood Reporter interview, Will Ferrell gave a glimpse right into a what-might-have-been state of affairs involving a sequel to his 2003 Christmas traditional “Elf.” Based on Ferrell, a sequel to the movie was at one level within the works. That is not precisely a shock, given the movie’s field workplace success and enduring reputation. What’s a little bit of a shock is the following little factoid Ferrell revealed:

That he was supplied $29 million to reprise his function as Buddy for the film.

As everyone knows, “Elf 2” was by no means made, and it appears that evidently the rationale it did not occur was as a result of Ferrell wasn’t thinking about doing a follow-up, even for an unlimited paycheck. Why? As a result of, Ferrell says, he simply wasn’t capable of muster up any artistic enthusiasm for a sequel to considered one of his breakthrough hits:

“I might have needed to promote the film from an sincere place, which might’ve been, like, ‘Oh no, it is not good. I simply could not flip down that a lot cash. And I assumed, ‘Can I really say these phrases? I do not suppose I can, so I assume I am unable to do the film.'”

John Phillips/Getty Pictures

Ferrell went on to look in different sequels, like “Anchorman 2” and “Daddy’s House 2,” however glancing over his filmography it does appear to be he is been fairly choosy about doing sequels through the years.

The comic’s industrial instincts aren’t at all times infallible, although. In the identical profile, it is talked about that when “Elf” was being filmed, he had reservations about what it might imply for his profession:

“Ferrell nonetheless remembers operating round New York in his foolish yellow tights, considering, ‘Boy, this might be the tip.'”

“Elf,” after all, went on to be a large success, grossing greater than $220 million worldwide, and stays a perennial vacation season favourite at the moment.

Elf Royalties

And people perennial vacation replays are undoubtedly delivering tons of Christmas royalties for Will Ferrell. We even have some insights into the royalties generated yearly by “Elf” due to James Caan’s divorce battle. Again in 2016, Caan, who performed Buddy’s grumpy real-world dad, was within the midst of a bitter divorce along with his spouse since 1995, Linda Stokes.

According to court filings, James earned $1 million in royalties in 2015. Out of that $1 million, round $140,000 got here from “Elf” – which at that time was 13 years outdated.

I believe it is protected to presume Will Ferrell acquired a a lot greater royalty entitlement because the movie’s star. And possibly the primary “Elf” can be much less of a vacation traditional at the moment if a heartless sequel was produced. Then once more… even when Will is making $500k a yr in “Elf” royalties, he would want 58 years of $500,000 royalty funds to make up for that misplaced paycheck.

Personally, I might have taken the cash 🙂


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