$29 million more reasons to love Reese Witherspoon

August 21, 2007 | Filed Under Reese Witherspoon

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Reese Witherspoon is now officially Hollywood’s highest paid actress. As a matter of fact, our favorite MILF is absolutely cleaning up with next year’s Our Family Trouble, which is going to pay her $29 million in cold, hard cash. EW writes:

Witherspoon is still making comedies; this winter, she’ll team with Vince Vaughn on Four Christmases, a Meet the Fockers-style farce about a couple trying to spend the holidays at each of their divorced parents’ separate homes. But nowadays she’s also steering her career toward genres � and paychecks � nobody would have imagined before she snagged that statuette for Walk the Line. Next year, for instance, she’s slated to make her first horror movie, Our Family Trouble, for which she’ll reportedly be paid the staggering salary of $29 million. That’s more than even Roberts has ever earned.

But for now she’s focused on the serious stuff. Part Syriana, part A Mighty Heart, Rendition tackles the controversial practice of extraordinary rendition, in which the U.S. government kidnaps suspected terrorists and flies them to other countries to be tortured for information. ”I read about it when it first [leaked out], and it just seemed there should be a movie about it,” says co-producer Mark Martin, who admits he was initially ”thinking Cate Blanchett” for the lead. But Steve Golin (Babel), who would become one of his producing partners, saw Reese in the role right away. ”The movie is about somebody you love disappearing,” he explains. ”And Reese is such a beloved actress � she’s such a girl-next-door type, only more beautiful � it makes what she goes through even more relatable.”

Aye carumba! $29 million for a one-picture deal… to give you an idea, Superbad’s entire budget was $20 million. Reese’s movie would have to put through at least a $60 million take just to ensure that it was in a breakeven condition. Now I’m guessing the cost of producing that movie, but you would have to expect that any movie that’s paying the lead nearly $30 million is going to have a production budget of at least that much.

Hey Reese… still single? How you feel about the shaved head type??

Here’s MamaReese becoming an Avon lady with that other Avon lady, CEO Andrea Jung.