STREAM EXCLUSIVE ORIGINALS

Jaden Smith Got Multi-Million Dollar Payout For "Karate Kid"

"TMZ" got their hands on his (very nice) contract.

Jaden Smith can’t vote, drink or drive yet, but he’s already a millionaire. The 12-year-old actor pulled in seven figures to star in last year’s Karate Kid reboot, according to TMZ, who obtained Smith’s contract for the movie.

 

According to the June 2009 contract, his up-front fee was split into two installments, one for $900,000 and one for $100,000. But Jaden's back-end deal was even more lucrative. Because the film topped $150 million in the domestic box office, the young actor locked down another $2 million bonus.

Must be nice.

(Photo: FilmStills.net. / Retna Ltd.)

Latest News

Subscribe for BET Updates

Provide your email address to receive our newsletter.


By clicking Subscribe, you confirm that you have read and agree to our Terms of Use and acknowledge our Privacy Policy. You also agree to receive marketing communications, updates, special offers (including partner offers) and other information from BET and the Paramount family of companies. You understand that you can unsubscribe at any time.