What’s Tom Hank’s Weekly Salary for Broadway’s ‘Lucky Guy’?

tom-hanks-lucky-guyBack in October it was revealed that one-time Oscar winner Al Pacino was making a guaranteed $125,000 per week starring in Glengarry Glen Ross on Broadway.  While two-time Oscar winner Tom Hanks might not be making that much as a base salary for his Broadway debut in Lucky Guy, I think it’s fair to say the title of the play reflects his earning prospects quite well.

Bloomberg reports that Hanks will make a guaranteed $75,000 per week starring as New York newspaper reporter Mike McAlary in the play by the late Nora Ephron.  However, that number is based on the minimum Hanks could make based on the 12.5 percent of the weekly box office that he will receive.  If all shows are sold out in one week, Hanks would earn $150,000 — and that’s not counting his undisclosed share of the profits!

Tickets to see Hanks in his Broadway debut don’t come cheaply — currently the top price is $350.  But even at those prices Lucky Guy will have to sell about 80 percent of the house in the first 15 weeks in order to break even for the investors.  Not surprisingly, Hanks’ weekly guaranteed take rises to $100,000 if investors turn a 15 percent profit in any given week.

What more, if the play’s run is extended after Hanks leaves the production he will continue to earn 2 percent of the weekly box office, meaning that he could potentially earn $20,000 a week without needing to show up.  This practice is relatively new, since many star-driven shows close once the star leaves the production (the recent production of Death of a Salesman didn’t continue after star Philip Seymour Hoffman left, nor did Glengarry after Pacino’s run).  But since Lucky Guy is a new play it is expected to continue running after Hanks leaves (shows are currently scheduled through June 16, and Hanks, though whether Hanks will remain in the production that long has not been disclosed). 

Only time will tell if Hanks’ high price tag is worth it for investors, but for Hanks certainly has no reason to worry!

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 […]
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 […]
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!
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 […]