Will Ferrell earned $750,000 for his portrayal of Buddy the Elf in the 2003 movie "Elf." Ferrell also received a percentage of the film's profits as part of his deal, which led to an additional $5 million. Additionally, Ferrell was paid $500,000 to reprise his role as Buddy the Elf in a 2012 television sequel, "Elf: Buddy's Musical Christmas."