What Is Jason Alexander Net Worth? How Much Is His Seinfeld’s Salary?

The son of Alexander B. Greenspan, an accounting manager, and Ruth Minnie (née Simon), a nurse and health care administrator, Greenspan was born in Newark, New Jersey. Later, Greenspan adopted the stage name Jason Alexander by taking his father’s first name.

Alexander attended Livingston High School and graduated in 1977. He was raised in Maplewood and Livingston, both in New Jersey. He had always been fascinated by magic and had initially wanted to become one, but a magic camp instructor informed him that his hands were too little for card magic.

What Is Jason Alexander’s Net Worth And Salary?

Jason Alexander is an American actor, comedian, director, producer, singer, and writer with a net worth of $50 million. The longest-running comedy Seinfeld cast member Jason is most known for playing George Costanza. Before his nine-year stint on Seinfeld, in 1987, Alexander played in the brief sitcom Everything’s Relative on CBS.

Alexander has acted in several Broadway musicals throughout his career, including Jerome Robbins’ Broadway (1989), for which he received a Tony Award for Best Leading Actor in a Musical, and the Los Angeles version of The Producers with Martin Short.

Jason Alexander Net Worth
Jason Alexander Net Worth

Since then, he has produced and appeared in music videos, had a cameo and guest appearances, and gained numerous television endorsements. He has so far made appearances in close to 50 films, including the iconic role of Phillip Stuckey in the Julia Roberts and Richard Gere film Pretty Woman.

Jason Alexander Seinfeld’s Salary

Supporting cast members Jason Alexander, Michael Richards, and Julia Louis-Dreyfus received less pay for their efforts in the first few seasons of Seinfeld. Before season five in 1993, they were able to negotiate rises that saw them both making $150,000 per episode, or around $3.8 million per season.

The supporting cast members continued to demand a significant raise until May 1997, hoping to receive $1 million for each episode or backdoor ownership rights. As Jason would go on to say:

“Julia, Michael and I, during our big renegotiation for the final year, asked for something that I will go to my grave saying we should have had, and that is back-end participation in the profits for the show. It was categorically denied to us, which forced us to then ask for ungodly salaries. We make very little, standard Screen Actors Guild residuals for the reruns.”

Jason explained to Jerry at the time:

“The day will come when you regret this decision, only because it’s going to put us in a position eventually of seemingly tainting the wonderful impression of what this was for the four of us. You have created a rift between you and the three of us, and while we are in no way, shape or form looking for parity with you, you have created a chasm that is also inappropriate.”

With $200,000 and then $400,000, the network responded. For the show’s final season, the supporting cast members ultimately received $600,000 per episode or around $15 million per person. The equivalent income now would be about $24 million. Before inflation, the base salaries for Seinfeld’s supporting cast members were almost $45 million.

Seinfeld Syndication Earnings

Contrary to common opinion, Julia, Michael, and Jason do not profit significantly from Seinfeld’s syndication deals, which as of this writing, have reached over $4 billion. One needs equity ownership stakes in the program to profit from syndicated sales.

On the show, the supporting cast was never given bonus points. They get royalties when the show airs, but they only amount to a few hundred thousand dollars annually, not the millions as many believe.

 

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Approximately contrast, the syndication sales for Larry David and Jerry Seinfeld alone brought in $250 million apiece in 1998. Even ten years later, syndication points were still bringing in at least $50 million annually for Larry and Jerry.

Although they were refused backend points in 1997, they were able to agree to profit-sharing points on DVD sales, which led to a modest windfall back when people were still buying DVDs.

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