James Caan filed a suit against a production company for backing out of a film deal when they could not get financing. Nothing new in that. It happens everyday in Hollywood and is happening even more now that financing is so hard to find. What I found interesting in the suit was that Caan was scheduled to get $1M in a pay or play deal and another $1M in deferred compensation. What that means basically is that no matter what Caan was entitled to $1M whether the movie was ever made. The report I saw on the suit doesn't indicate how the deferred compensation was to be paid, but I'm guessing since it is a fixed amount it was probably after the cameras started rolling.
Would you pay $2M to have James Caan star in your film? That seems really pricey. I mean I know he was in The Godfather and everything but is he going to get you $2M in ticket sales based on his being in the film? Stories are great and everything, but you need to have someone who is going to get you some ticket sales and I don't know if he is worth that price. I don't go see movies because he is in them, but maybe I am the exception.
He was great on Las Vegas, but other than that he seems to have made most of his recent money doing voice overs for Godfather video games.