The Amount of Money Keanu Reeves Refused for Speed 2 is Absolutely Stupendous

Keanu Reeves had his reasons to decline the whooping $11 million paycheck for 'Speed 2' but the actor felt it made the studio angry.

The Amount of Money Keanu Reeves Refused for Speed 2 is Absolutely Stupendous

SUMMARY

  • Keanu Reeves' 1994 movie Speed was a huge hit with a collection of $350 million at the box office.
  • The studio wanted to make a sequel after the enormous success of the movie.
  • 20th Century Studios offered him $11 million to reprise his role in the sequel, but the actor refused.
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Keanu Reeves has forged a profound cinematic career. Best known for his acclaimed franchise John Wick, Reeves also has several hit titles under his belt which includes Jan de Bont’s 1994 movie Speed.

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Keanu Reeves and Sandra Bullock in Speed
Keanu Reeves and Sandra Bullock in Speed

Following the success of the 1994 movie, a sequel was inevitable hoping that it would earn the studio big bucks. However, Reeves was not up for it and rejected the movie. He was offered a whopping $11 million paycheck but the narrative was beyond his understanding.

Also read: Keanu Reeves’ Top 10 Pick of His Own Movies Has the Most Unexpected Film at the Top – John Wick is His Least Favorite

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Keanu Reeves Rejected Speed 2

Keanu Reeves in Speed
Keanu Reeves in Speed

20th Century Studios was very keen on bringing the old cast back to a Speed sequel after the movie made over $350 million at the box office against the production budget of $30–37 million. When the studio approached Keanu Reeves for the sequel, the actor refused to appear in the movie. “It was a tough decision,” Reeves told Willie Geist on his Sunday Sitdown.

“I really had an amazing time filming and making Speed. It did pretty well so there was a ‘let’s do it again.’ Then I was doing a film at the time called Chain Reaction and I was in Chicago and I read the script. That film was pretty physical. It was a lot of running and cold. So they showed me the script and I just didn’t see it. I didn’t get it. So I couldn’t do it.”

It was indeed a debacle for Reeves and 20th Century Studios. Reeves’ reasoning for the refusal to appear in the film did not resonate with the studio.

Also read: “I think we have to wait”: Keanu Reeves Seemingly Was the Reason Why Lionsgate Changed Its Ambitious Plan About John Wick 5

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Keanu Reeves Believed Fox Was Furious After His Speed 2 Rejection

Keanu Reeves in Speed
Keanu Reeves in Speed

Despite Reeves’ absence, Speed 2: Cruise Control rolled out at the studio. Only Sandra Bullock returned for the sequel while Reeves was replaced by Jason Patric in the 1997 movie. The sequel also starred Willem Dafoe. However, the movie failed to make a splash at the box office and also came to be a critical disaster. If Reeves had returned, it could have been a different picture altogether. Fox was not happy with Reeves’ refusal despite the astounding $11 million paycheck. As the actor believed, they have held a grudge for a while after that.

“I didn’t work at Fox for 15 years after that. I believe so, but I don’t know. It’s only a theory. I ended up working there again but it took 15 years,” Reeves told Geist.

Eventually, the actor was rehired by the studio for Scott Derrickson’s sci-fi thriller The Day the Earth Stood Still in 2008. But for Speed 2, many believed that Reeves’ absence was one of the reasons for the failure of the movie which also included poor narrative and performances. The movie collected $164.5 million worldwide against the production budget of  $40–70 million.

Also read: Keanu Reeves Made One of the Worst Decisions of His Acting Career With a Movie That Lost $30,000,000 at the Box Office

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Written by Lachit Roy

Articles Published: 950

Lachit Roy is a seasoned writer specializing in science and entertainment news. Armed with a postgraduate degree in Mass Communication and Journalism from Tezpur University, he brings a wealth of knowledge and skill to his craft.

Lachit is particularly passionate about crafting engaging content on entertainment news and trends. A dedicated movie enthusiast, he possesses an in-depth understanding of the cinematic world and takes joy in disseminating the latest updates to the global fandom. When not immersed in writing, Lachit can be found indulging in his love for movies and series, occasionally tending to his garden, but predominantly expanding his expertise in the realms of his interests.