Monday, August 28, 2006

Tom cruises into new deal

Tom Cruise recovered quickly from his breakup with Paramount last week, and has reportedly already scored a deal with a group that includes the owner of the Washington Redskins football team, among others. The new deal will allegedly see Cruise given less than $3 million a year to finance the overhead costs of his production company, in exchange for the rights to finance movies developed by the Mission: Impossible star and his partner. The agreement definitely marks a cut in pay from the annual $10 million Cruise was previously receiving from Paramount.