As we all know, “Elf 2” was never made, and it seems that the reason it didn’t happen was because Ferrell wasn’t interested in doing a follow-up, even for an enormous paycheck. Why? Because, Ferrell says, he just wasn’t able to muster up any creative enthusiasm for a sequel to one of his breakthrough hits:
“I would have had to promote the movie from an honest place, which would’ve been, like, ‘Oh no, it’s not good. I just couldn’t turn down that much money. And I thought, ‘Can I actually say those words? I don’t think I can, so I guess I can’t do the movie.'”
