unilad homepage
  • News
    • UK News
    • US News
    • World News
    • Crime
    • Health
    • Money
    • Sport
    • Travel
  • Film and TV
    • Netflix
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Jerry Seinfeld is inches away from being a billionaire due to his unbelievable syndication deals

Home> Film & TV

Published 16:42 7 Jul 2023 GMT+1

Jerry Seinfeld is inches away from being a billionaire due to his unbelievable syndication deals

The TV funnyman has had a lucrative career following Seinfeld, thanks to networks fighting for syndication of the beloved sitcom.

Katherine Sidnell

Katherine Sidnell

google discoverFollow us on Google Discover
Featured Image Credit: Manny Carabel/Getty Images / NBC

Topics: Celebrity, Film and TV, Money, US News, Hulu, Netflix

Katherine Sidnell
Katherine Sidnell

Katherine is an entertainment journalist with a love of all things nerdy. Starting out writing Doctor Who fan fiction as a kid, she has gone on to interview the likes of Matt Damon, James May and Dua Lipa to name a few. Published in The Sun, The Daily Mail and Evening Standard - she now joins Ladbible as resident nerd in chief.

X

@ksidnell

Advert

Advert

Advert

When you think of celebs with major bank balances, Jerry Seinfeld probably doesn’t come to mind immediately.

However, the comedian is now so close to becoming a billionaire thanks to some syndication deals.

And it’s a far cry from his initial starting income, with the Seinfeld star earning just $20,000 (£15.6k) per episode for the first series of the sitcom, Cosmopolitan reports.

Advert

However, the comedian wasn’t about to settle for less and soon reportedly negotiated a deal for $40,000 for seasons two and three and then $100,000 per episode from season four onwards.

It’s understandable that NBC execs were willing to fork out for the lead as the sitcom would quickly become the biggest show on US television.

For seasons seven and eight, however, Seinfeld then got a huge raise, earning $500,000 per episode before getting a new deal for the final season.

Seinfeld has become one of the most fought over sitcoms.
NBC

By the series' end, the TV personality was reportedly taking home $1 million per episode, with the network begging for another instalment of the beloved series.

Sadly, he turned down a further $5 million per episode as he wanted to show to go out on a high.

With the series now over, the show was heavily repeated when it came into syndication in 1995, earning Seinfield a whopping $255 million (£199m) in the decades following.

Jerry Seinfeld could have earned even more, if he'd agree to a new season.
NBC

In 2014, a report from Vulture said that the show had generated $3.1 billion since it first entered syndication.

Then in 2015, the series moved to the streaming giant Hulu, who bought the rights for five years at an insane cost of $160 million.

When the series moved to Netflix though, it cost the platform more than $500 million for just five years of screenings, Vanity Fair reported at the time.

The site also reportedly negotiated a deal with Seinfeld for his specials, 23 Hours to Kill, and the 2012 series, Comedians In Cars Getting Coffee, earning him another bumper bonus of $20 million and $100 million respectively.

All of these various deals, Cosmopolitan says, have earned Seinfeld a staggering $950m (£769m) – just $50 million shy of billionaire status.

With his bank account bulging and Seinfeld regularly topping the Forbes Rich List, you’d think the comedian would perhaps slow down.

However, he has gone on to invest quite a bit into his impressive car collection, which includes a lot of Porsches, and over $40m in various homes across the US.

And, according to Forbes, his comedy tours do extremely well, as in 2020, he pulled in $20 million from touring alone.

So, whose to say when he'll cross that mark into billionaire territory?

Choose your content:

2 hours ago
3 hours ago
13 hours ago
21 hours ago
  • Julian Hamilton/FilmMagic
    2 hours ago

    The Love on the Spectrum couples who have broken up since show aired

    Four seasons of Love on the Spectrum are available to stream

    Film & TV
  • Monica Schipper/Getty Images
    3 hours ago

    Sydney Sweeney's controversial Euphoria scene could get banned in real life

    The scene has been dubbed as 'vulgar' by one viewer

    Film & TV
  • Jimmy Kimmel Live! / Youtube
    13 hours ago

    Jimmy Kimmel savagely roasts 'drama queen' Trump in 'alternative' White House Correspondents' Dinner speech

    Nothing was off-limits in the brutal take down, from Epstein references to the infamous AI Jesus image

    Film & TV
  • Mario Tama/Getty Images
    21 hours ago

    Paramount stalks Netflix with Warner Bros takeover set to change Hollywood forever

    Two of the biggest names in entertainment are likely to merge - and it has left Hollywood stars furious

    Film & TV
  • How much you will get from Trader Joe's $7.4m settlement and how to make a claim
  • Netflix’s Skyscraper Live delayed by 24 hours due to safety concerns
  • George and Amal Clooney are officially citizens of a new country after deciding to raise their kids away from LA
  • Judy Greer reveals she was once 'so broke' co-star Matthew McConaughey had to pay $20 valet bill