Will Ferrell turned down a $29 Million payday to make Elf 2

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Will Ferrell turned down a $29 Million payday to make Elf 2

Will Ferrell has amassed quite a record of comedy films in his Hollywood career. But his role as Buddy the Elf is among one of Will’s most popular characters among Christmas movie enthusiasts. Even though Elf is a charming feel-good Christmas movie, it never received a sequel. In fact, Will Ferrell recently addressed how he turned down a $29 million dollar offer to do an Elf sequel in an interview with The Hollywood Reporter.

The original Christmas comedy grossed more than $223 million at the box office and follows the story of Buddy the Elf traveling to New York City in search of his real father after growing up at the North Pole.

Related: HUGE Christmas Tree now on display in Disney’s Grand Floridian Resort

Will Ferrell turned down a $29 Million payday to make Elf 2

A sequel was written, which would’ve paid him $29  million had Ferrell not balked at its rehashed premise. He says the decision to walk away was simple: “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.’ And I thought, ‘Can I actually say those words? I don’t think I can, so I guess I can’t do the movie.’”

It’s not the first time Ferrell has talked about a sequel to his famous flick. In December 2013, he joined Andy Cohen on Bravo’s “Watch What Happens Live” to set the record straight on the chances of seeing Buddy the Elf on the big screen again.

Related: New Holiday Light Show coming to Epcot for Festival of the Holidays

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Credit: The Hollywood Reporter

Will Ferrell turned down a $29 Million payday to make Elf 2

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Will Ferrell turned down a $29 Million payday to make Elf 2 Will Ferrell turned down a $29 Million payday to make Elf 2 Will Ferrell turned down a $29 Million payday to make Elf 2 Will Ferrell turned down a $29 Million payday to make Elf 2 Will Ferrell turned down a $29 Million payday to make Elf 2 Will Ferrell turned down a $29 Million payday to make Elf 2
Kevin Koszola