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Ted Danson Net Worth: The Financial Cheers of a TV Legend

Ted Danson Net Worth: The Financial Cheers of a TV Legend
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Ted Danson (born December 29, 1947) is an American actor best known for playing Sam Malone on Cheers (1982–1993), winning two Emmy Awards and two Golden Globe Awards. He was nominated for Emmys for Damages (2007–2010) and The Good Place (2016–2020).

Danson’s film roles include Three Men and a Baby (1987) and Saving Private Ryan (1998). His TV credits include Becker, CSI: Crime Scene Investigation, and Fargo. Married to Mary Steenburgen, he is an advocate for ocean conservation and co-authored Oceana (2011).

    Ted Danson Net Worth

    Ted Danson has a net worth of $80 million. During the final seasons of Cheers, he was the highest-paid actor on TV, earning $450,000 per episode, or about $12 million per season for seasons 9-11. Adjusted for inflation, that’s equivalent to $25 million per season today.

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    From 2011 to 2015, while starring in CSI, his salary was $250,000 per episode. Appearing in 86 episodes, Danson earned around $21 million per season from the show.

    Early life

    Ted Danson was born in San Diego to Edward Bridge “Ned” Danson Jr., an archaeologist, and Jessica Harriet. He has an older sister, Jessica Ann “Jan” Haury, and was raised in Flagstaff, Arizona. Danson has Scottish and English ancestry, with roots in colonial New England.

    He attended Kent School in Connecticut, excelling in basketball, before transferring to Stanford University and later to Carnegie Mellon University, where he earned a B.F.A. in Drama in 1972.

    Career

    Ted Danson’s career began with a paid role on Somerset (1975-1976) and continued with appearances in The Doctors and commercials like the Aramis man for Estee Lauder.

    In the late 70s and 80s, he guest-starred on shows like Taxi, Magnum P.I., and The Amazing Spider-Man. His breakthrough came in 1982 with Cheers. Afterward, he explored drama with Something About America and starred in Becker (1998-2004). Danson later appeared in Damages, CSI, The Good Place, Fargo, and Mr. Mayor.

    Personal life

    Ted Danson was first married to actress Randall “Randy” Gosch in 1970, but they divorced in 1975. His second marriage was to producer Cassandra “Casey” Coates in 1977. In 1979, Coates suffered a stroke while giving birth to their daughter, Kate, and Danson devoted several years to caring for her.

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    They later adopted a second daughter, Alexis. Danson’s affair with actress Whoopi Goldberg contributed to their 1993 divorce, which became one of Hollywood’s most expensive, costing him $30 million.

    Why was Cheers cancelled?

    Despite its success, Cheers ended after 11 seasons primarily due to Ted Danson’s decision to leave the show. While the show remained popular, Danson felt it was time to move on and explore new opportunities, which led to the series’ conclusion. His departure marked the end of an era for the beloved sitcom, though it had already enjoyed a successful run with high ratings and critical acclaim.

    Conclusion

    Ted Danson’s journey in the entertainment industry is a testament to his talent and versatility. His significant net worth reflects a successful career spanning several decades, marked by iconic roles and smart financial decisions.

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