Home » Business » How much did Jerry Seinfeld make for his hit NBC sitcom 'Seinfeld'?
How much did Jerry Seinfeld make for his hit NBC sitcom 'Seinfeld'?
‘NYC is Dead Forever’ author claps back at Jerry Seinfeld: ‘He doesn’t know me at all’
Controversy over NYC is “Dead Forever” op-ed
Netflix is about to debut the entire library of "Seinfeld," offering fans of the beloved NBC sitcom a chance to binge-watch it and renew their love for the show that made Jerry Seinfeld one of the biggest names in television comedy.
At its peak, "Seinfeld" was the most popular show on TV by any metric, running nine seasons with a total of 180 episodes. The massive streaming deal to acquire the "Seinfeld" library will surely line the comedian’s pockets, which is unsurprising given that the show has been doing that for several decades now.
In 1997, ahead of the show’s final season premiere, Entertainment Weekly broke down how profitable the show was for the network. NBC reportedly earned about $200 million a year in gross revenue from "Seinfeld," with commercials running during the broadcast costing an estimated $550,000 for a 30-second spot. The outlet reports that the show itself was made for about $2 million per episode or roughly $50 million per season. So, with a massive $150 million in profit, it had some cash to throw around. Those costs were upped for the last season, costing the network roughly $30 million more per season. However, that still means that for the bulk of the show’s run, it was essentially a comedic cash cow.
As a result, the cast made out like bandits, with supporting cast members Michael Richards, Julia Louis-Dreyfus, and Jason Alexander reportedly getting paydays in the hundreds of thousands. Jerry, meanwhile, reportedly inked a deal to get $1 million per episode (the first TV actor to ever make that high of a salary) in light of his producing work. Thus proving that it literally pays to have your name on a TV show.
NO SHRINKAGE IF 'SEINFELD' CAN LAND NEW $500 MILLION STREAMING DEAL