For decades, actor Johnny Depp was on a path many expected to be filled with Academy Awards, box-office triumphs, and leagues of adoring fans. Nowadays, that seems like a distant, if misguided prediction. After a string of bad movies, we think now may be the time for Hollywood to re-examine its love affair with the Edward Scissorhands icon. Here's why.
He's severely overpaid
In 2015, Forbes named Depp the most overpaid actor in Hollywood, taking over an embarrassing title that previously had been held by Adam Sandler for two-straight years. According to Forbes' calculations, Depp's two recent flops, Mortedcai and Transcendence, "returned a meager $1.20 for every $1 he was paid on them." Mortdecai grossed a little under $7.7 million in its domestic run, off a $60 million budget. Transcendence, meanwhile, grossed a pitiful $23 million off a reported $100 million budget. Even the shadiest broker would tell you that's a really bad investment.
As of 2014, Depp's reported asking salary is $20 million per movie, according to The Hollywood Reporter, and even when studios can't meet his price, he still often walks away with a ridiculous amount of cash. Take Into the Woods, for example, the movie-musical that Depp reportedly joined only as a favor to Disney and director Rob Marshall, the team behind Pirates of the Caribbean: On Stranger Tides. For that movie, Depp made a jaw-dropping $1 million for just one week's worth of work, all thanks to a fancy-sounding Hollywood trend called "boarding," which is essentially allowing a big star to hit it and quit it on set.
He hasn't had a hit in years
Depp's recent string of box-office bombs have stretched well beyond Mortdecai and Transcendence. In fact, the leading man has been struggling to connect with audiences for years. One of the first signs of trouble came with the release of The Tourist in 2010, which limped its way to $67.6 million off a staggering $100 million budget and really bad reviews. The following year, Depp's The Rum Diary finished with a more-than-disappointing $14.1 million after being pulled from about 1,300 domestic theaters its third week at the box office.
And then there was The Lone Ranger, Depp's largest disaster to date. That particular movie became one of the biggest box-office bombs of 2013, earning just $89.3 million. Its estimated budget? $215 million. This is is the part where your jaw hits the floor.
Even Depp's fourth Pirates of the Caribbean movie, 2011's On Stranger Tides, could be viewed as a disappointment. Although it grossed a healthy $241 million at the box office, it was still a franchise low. The previous films earned $423.3 million, $309.4 million and $305.5 million, respectively.
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