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

http://www.dailyactor.com/wp-content/uploads/2015/03/sally-field-hello-my-name-is-doris.jpg
Sally Field On Improvisation, How She Chooses Her Roles and ‘Hello, My Name is Doris’
“There’s a dearth of roles for women. I turn down a lot of stuff because there’s just nothing in it for me to do.” – Sally Field   Actress Sally Field put in an appearance at SXSW last week to promote her new film, Hello My Name is Doris. Michael Showalter has directed the movie […]
http://www.dailyactor.com/wp-content/uploads/2015/03/Will-Ferrell-Get-Hard.jpg
Will Ferrell on His Comedy Roots, ‘Get Hard’ and His Favorite Roles to Play
Ferrell was on hand to take part in a Q&A and spoke more about how working with Hart came about. When asked if he chooses his projects based on who he wants to work with, or the script itself, Ferrell explained that each project was different.
http://www.dailyactor.com/wp-content/uploads/2015/03/daniel-dae-kim.jpg
Hawaii Five-0’s Daniel Dae Kim Talks Directorial Debut: “The first day I had to yell action, it was kind of odd”
Hawaii Five-0‘s Daniel Dae Kim, who fans know best as Chin Ho Kelly, recently made his directorial debut on the CBS series. Kim shared his experience with The Hollywood Reporter, saying that his experience was “weird at first,” as he had to direct his co-stars. “The first day I had to yell action, it was […]
http://www.dailyactor.com/wp-content/uploads/2015/03/Ellie-Kemper-Unbreakable-Kimmy-Schmidt.jpg
Ellie Kemper on ‘Unbreakable Kimmy Schmidt’, Doomsday Cults and Tina Fey
When Ellie Kemper joined The Office in season 5, her character Erin Hannon wasn’t intended to be one of the show’s primary characters. However, Kemper won producers over with her portrayal of the cheerful, naive receptionist and Erin was heavily featured in the series’ final seasons. Her portrayal also impressed 30 Rock producers Tina Fey […]
http://www.dailyactor.com/wp-content/uploads/2015/03/lily-james-cinderella.jpg
Lily James on Auditioning for ‘Cinderella’ and the Hardest Scenes She Had to Shoot
"The good thing is wearing something like that sort of changes how you stand and it gives you a sense of grace that you can use to your advantage as an actor" - Lily James on wearing corsets