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. &ldq