$ 100m gravy train
Men will still pay the bills for Charlie Sheen
THE Two and a Half Men gravy train will not be stopping for Charlie Sheen just because he was fired from the hit series.
As the legal battle rages on between the actor and Warner Bros, the production company for the hit sitcom, the star still stands to make $ 100 million off the show regardless of how the legal chips fall. And that is for doing absolutely nothing.
Even though he will no longer appear on episodes of Two and a Half Men, and the show may never produce another original episode, Sheen has already made 177 episodes that will live on and pay him into perpetuity.
‘‘ Sheen will make millions, depending on how good a deal he got on his residuals when he negotiated his contract because of all the ancillary opportunities there are for the show,’’ TV analyst Brad Adgate said. ‘‘ Syndication and global distribution of the show are going to be big moneymakers for Sheen.’’
If Warner Bros is able to harvest around $ 4 million an episode for Two and a Half Men in domestic syndication, media analysts estimate Sheen, as the show’s leading man, stands to gain about half a million per episode. Depending on how his contract was structured, Sheen could expect a revenue stream of around $ 88.5 million annually from reruns.
Comedy syndication deals are also typically more lucrative than deals for scripted dramas.
The hit comedy Seinfeld finished its run 12 years ago and has made nearly $ 3 bil l i on through syndication since.
While exact figures have not been released, Forbes estimates that the lead actor Jerry Seinfeld brings i n between $ 65 million to $ 80 million annually from reruns.
Two and a Half Men began syndication three years ago and is consistently ranked as the number one syndicated comedy f or adults. DVD s al es and Netflix rentals could also be worth as much as $ 100 million for the show, over the next several years according to media analysts. Of that total, Sheen could gain about 10 per cent, giving him another $ 10 million payday for a show he is now trying to bury.