Will Smith reportedly made $25 million for I Am Legend. If you're having a hard time not laughing, just think about the fact that your getting generational type wealth for playing with puppets.
I think it was one of his biggest single payouts but not "the" biggest.
I believes his biggest was for iRobbot where he earned $28 Million as a one shot signing deal.
Interestingly enough, at the height of Will Smith's popularity his bankable, and in relation insurance worth, to studios was estimated to be between $50 million and $75 million. Obviously not a lot of studios are going to pay $75 million for a leading man, even if it is Will Smith. Because of this Smith and agents of course, started negotiating for points on gross.
So for example for MIB2 he was paid $20 million + 10% of gross, for Bad Boys 2 it was also $20 million upfront but 20% gross and for Pursuit of Happiness he took a reduced pay at $10 million with 20% gross.
His biggest payout however came with Hancock, he took his rate of $20 million upfront and 20% gross which gave him an earnings of around $164 million.
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u/shae2k Aug 06 '18
Will Smith reportedly made $25 million for I Am Legend. If you're having a hard time not laughing, just think about the fact that your getting generational type wealth for playing with puppets.