Jerry Seinfeld turned down US$5 million per episode, for 22 episodes, to continue the Seinfeld show for a tenth season.
Jerry Seinfeld Walked Away from $110 Million
Picture this: You're at the top of your game, starring in the most-watched sitcom in America, and your network slides an offer across the table for $110 million. Not over five years. Not in stock options. For one season of television. Twenty-two episodes at $5 million a pop. What do you do?
If you're Jerry Seinfeld in 1998, you say no.
The Offer That Made NBC "Go Numb"
After Seinfeld's ninth season wrapped, NBC was desperate to keep the golden goose laying eggs. Jerry was already making history at $1 million per episode—the first TV actor ever to hit that mark. But the network wanted more. They quintupled the offer to an "unheard of" $5 million per episode, guaranteed for 22 shows.
When Jerry turned it down, GE CEO Jack Welch (whose company owned NBC) reportedly "went numb." The finale on May 14, 1998, drew 76 million viewers—one of the most-watched TV events in history—and NBC watched their cash cow walk into the sunset.
Why Walk Away?
In Jerry's own words to NBC President Warren Littlefield: "I don't have a life, I'm not married, I don't have kids." It was a quality of life decision. He later told Howard Stern he worried the show would "start to age and whither," and he wanted to end it while it was still sharp.
The man who built an empire on observational comedy about nothing made perhaps his boldest observation: knowing when to stop is worth more than another nine figures.
The Aftermath
Was it the right call? Artistically, absolutely. The show went out on top, cementing its legacy as one of television's greatest sitcoms. Financially? Well, Jerry's doing fine. Seinfeld syndication deals have earned him an estimated $400+ million since the show ended—far more than that single season would've paid.
But here's the kicker: most actors would've taken the money and figured it out later. Jerry Seinfeld looked at $110 million, shrugged, and chose creative integrity over another year of work. In an industry built on squeezing every last drop from a hit, that might be the most mind-blowing fact of all.