News Will Ferrell turned down $29 million for ‘Elf’ sequel: ‘Oh no, it’s not good’ October 29, 2021Edward Segarra, USA TODAYComments Off on Will Ferrell turned down $29 million for ‘Elf’ sequel: ‘Oh no, it’s not good’ Will Ferrell, who starred in the 2003 comedy, "Elf," revealed in a recent interview he turned down the opportunity to be in the film's planned sequel.