What’s Al Pacino’s Weekly Salary for Broadway’s ‘Glengarry Glen Ross’?

Usually it pays for Broadway producers to cast big-name actors to draw huge houses.  But how much exactly do those big names make?  For Al Pacino, who stars in Glengarry Glen Ross as Shelly Levene, it’s money that most Broadway regulars could only dream about.

Believed to be perhaps the highest of all time, Pacino’s paycheck for the David Mamet play is $125,000 a week plus five percent of the profits, though only after the production makes back its reported $2.3 million costs.  That amount seems even more significant considering the salaries of the entire seven-person cast total total $155,000 a week, meaning the other six cast members make collectively $30,000 a week, including Tony-nominated actor Bobby Cannavale, who plays Ricky Roma (the character Pacino played in the 1992 film version in an Oscar-nominated performance).  Even Pacino’s assistant makes $1000 per week!

Even with ticket prices approaching $400 for “premium” seating, producers must sell out most of The Gerald Schoenfeld Theatre’s 1062 seats in order to sell the almost $900,000 in tickets sold per week the show will have to do over its ten-week run in order to cover its day-to-day bills and make back that $2.3 million investment.  But if demand for tickets push prices up, it’s more good news for Pacino: he earns 10 percent of box office if the grosses are above $1.25 million per week.  The rest of the show’s profits are split between the director, Daniel Sullivan, the three lead producers, the theatre, and the many other investors. 

Ticket sales for the play’s first four previews amounted to $704,000, so it’s currently on track to make a handsome profit (Glengarry Glen Ross has seven performances per week) if that amount holds out.  If the massive success of this year’s Death of Salesman is any indication, it certainly pays for producers to offer huge amounts of money to iconic stars to appear on stage.

via Bloomberg

Leave a Reply

Latest Videos

Watch: Benedict Cumberbatch Film the Smaug Motion Capture for ‘The Hobbit: The Desolation of Smaug’
Though Peter Jackson‘s movie adaptations of The Hobbit haven’t received the same critical acclaim as his films based on the book’s sequel, The Lord of the Rings (turning a 300 page book into 9+ hours of film tends to do that), fans are still eagerly anticipating the release of the final part of The Hobbit […]
http://www.dailyactor.com/wp-content/uploads/2014/10/watch-daniel-radcliffe-on-the-di.jpg
Watch: Daniel Radcliffe on the Differences Between American and British Theater Audiences
Though moviegoers can see Daniel Radcliffe in the fantasy film Horns, which opens today, Broadway fans will have to wait a bit longer. Radcliffe is an unapologetic fan of Broadway — he has starred in Equus, How to Succeed in Business Without Really Trying, and The Cripple of Inishmaan — but he hasn’t yet made […]
http://www.dailyactor.com/wp-content/uploads/2014/10/watch-anna-gunn-jacki-weaver-and.jpg
Watch: Anna Gunn, Jacki Weaver and Virginia Kull on ‘Gracepoint’ and Strong Female Roles on TV
The actresses also speak candidly about how they feel about their characters in the series and why its important for TV to feature series with strong female leads.Check out the conversation above!
http://www.dailyactor.com/wp-content/uploads/2014/10/watch-cristin-milioti-talks-a-to.jpg
Watch: Cristin Milioti Talks ‘A to Z’, ‘Once’ and ‘How I Met Your Mother’
Few actresses have the kind of rise as Cristin Milioti has had in the last few years. A virtual unknown in 2011, she became a bona fide Broadway star in the 2012 hit Once, appeared in a supporting role in the 2013 film The Wolf of Wall Street, and was featured as the titular mother […]
http://www.dailyactor.com/wp-content/uploads/2014/10/watch-bryan-cranstons-acting-adv.jpg
Watch: Bryan Cranston’s Acting Advice
With Breaking Bad: The Complete Series Barrel being released on Blu-ray with all kinds of goodies today, it gives us yet another opportunity to reflect on the series’ star Bryan Cranston and all of the incredible advice he has offered actors in the wake of his success. In a video he filmed in 2013 for […]