After lengthy negotiations and constant back-and-forth (or really just back) — and exactly one week after rumors broke that a settlement had been reached — Sheen has officially settled with his former nemeses, reportedly netting the recently roasted actor a hefty sum in the neighborhood of $25 million following the termination of his Two and a Half Men contract. He will also continue to receive back-end money for the first eight seasons of the CBS sitcom on which he starred and which are currently in syndication.
A statement issued by the show’s parent studio reads: “Warner Bros. Television, Chuck Lorre and Charlie Sheen have resolved their dispute to the parties’ mutual satisfaction. The pending lawsuit and arbitration will be dismissed as to all parties. The parties have agreed to maintain confidentiality over the terms of the settlement.”