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Will Ferrell Explains Why He Turned Down 'Elf' Sequel, Despite $29 Million Paycheck

Will Ferrell Explains Why He Turned Down 'Elf' Sequel, Despite $29 Million Paycheck

Will Ferrell is opening up about his decision not to do an Elf sequel.

In a new interview, the 54-year-old actor explained why he turned down the opportunity to do a sequel to his iconic holiday movie, despite being offered a $29 million paycheck.

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“I would have had to promote the movie from an honest place, which would’ve been, like, ‘Oh no, it’s not good. I just couldn’t turn down that much money,’” Will told THR. “And I thought, ‘Can I actually say those words? I don’t think I can, so I guess I can’t do the movie.’”

Released in 2003 and directed by Jon Favreau, Elf grossed over $223 million in the worldwide box office and became an instant Christmas classic.

In an interview from September 2020, one of the stars of Elf explained why a sequel was never made, claiming that Will and Jon “didn’t get along very well” while making the first movie.

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Posted to: Elf, Will Ferrell

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