Will Ferrell has revealed why he turned down Elf 2 – which would have been a $29 million payday.
"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,'" he told The Hollywood Reporter. "And I thought, 'Can I actually say those words? I don’t think I can, so I guess I can't do the movie.'"
According to THR, the sequel's premise was a rehashing of the original. Elf has become a modern Christmas
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