The “The Wolf of Wall Street” was one of the most popular movies of the holiday season. The star of the movie was Leonardo DiCaprio, but Academy Award nominee Jonah Hill starred in it as well. During an interview with Howard Stern, Hill revealed that he took a substantial pay cut to star in Martin Scorsese’s latest project.
“I think SAG minimum is something like $60,000 before commissions and taxes,” he told the shock jock. “They gave me the lowest amount of money possible, that was their offer.”
“I said, ‘I will sign the paper tonight. Fax me the papers tonight.’ I want to sign them tonight before they change their mind. I said I want to sign them before I go to sleep tonight so they legally can’t change their mind.”
Instead of earning his usual high-seven-figures, Hill opted to agree to SAG’s “minimum wage” for the seven-month shoot, which is around $60,000 before commissions and taxes.
But this isn’t the first time a major movie star has taken a pay cut to work on a particular movie. Hill’s “Wolf of Wall Street” co-star Leonardo DiCaprio agreed to a pay cut from his normal $20 million fee to star in Christopher Nolan’s 2011 blockbuster “Inception.” Because Warner Bros. thought “Inception” was a risky movie initially with all of its twists and turns, DiCaprio chose to forego his normal rate in favor of splitting first-dollar gross points, which means he receives money coming directly off the top of ticket sales once he has earned back his advance.
The risk paid off for DiCaprio, who saw his biggest payday yet after earning $50 million.
Hill’s deal could contain the same backend deal like DiCaprio’s. Of course it could be just as simple as taking a paycut to boost your resume by working with Scorsese and make a run at another Oscar or other awards.
Tags: Jonah Hill