James Caan Says There's No Elf Sequel Because Will Ferrell and Jon Favreau 'Didn't Get Along'

“We were gonna do it and I thought, ‘Oh my god, I finally got a franchise movie,'” the legendary actor said.

James Caan revealed why the world was never gifted a sequel to the Christmas movie “Elf.”

During an interview with Cleveland’s 92.3 The Fan’s Bull & Fox show on Friday, the legendary actor, 80, was asked why the 2003 blockbuster starring Will Ferrell and helmed by Jon Favreau never had a second round on the big screen.

“We were gonna do it and I thought, ‘Oh my god, I finally got a franchise movie, I could make some money, let my kids do what the hell they want to do,'” the “Godfather” vet began. “And the director and Will didn’t get along very well.”

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“So, Will wanted to do it, he didn’t want the director, and he had it in his contract, it was one of those things.”

In the festive flick, Buddy (Ferrell), a human, is raised by Santa’s elves and goes on a journey to meet his biological father (Caan) in New York City, where mayhem and holiday cheer ensue. Favreau had a role in it too, as a pediatrician named Dr. Leonardo. Zooey Deschanel, Mary Steenburgen, Daniel Tay, Bob Newhart and Ed Asner also starred in it.

The movie — made on a budget of $33 million — went on to rake in $220 million and has become a holiday season staple on television.

On the tenth anniversary of “Elf,” Favreau explained how he came to sit in the director’s chair.

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“They were looking for somebody to rewrite it and possibly direct it,” he told Rolling Stone. “And I remember reading it, and it clicked — if I made the world that he was from as though he grew up as an elf in ‘Rudolph the Red-Nosed Reindeer,’ one of those Rankin/Bass Christmas specials I grew up with, then everything fell into place tonally. So for a year, I rewrote the script.”

“It turned into more of a PG movie from a PG-13,” he continued. “He was a darker character in the script I had read originally. The character became a bit more innocent, and the world became more of a pastiche of the Rankin/Bass films. The studio [New Line] read it and agreed to make it, and that’s when I was brought on to direct.”

TooFab has reached out to reps for Ferrell and Favreau for comment.

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