Kevin Costner Sues Over Missing Robin Hood: Prince of Thieves Profits

Actor says he hasn't gotten his fair share from hit 1991 film for the past two years

By Natalie Finn Jul 25, 2012 2:45 AMTags
Kevin CostnerREUTERS/Sean Gardner

Kevin Costner can't take it up with King Richard, so he chose to get himself an attorney.

The actor has sued the producers of the 1991 film Robin Hood: Prince of Thieves, claiming they have "delayed, obfuscated, concealed and reneged" when it comes to paying him his rightful share of the film's profits for the last two years.

Just how much money is the Prince of Thieves snatching up these days?

According to Costner's suit, filed today in L.A. Superior Court and obtained by E! News, Prince of Thieves raked in more than $390 million at the worldwide box office (BoxOfficeMojo.com agrees) and has made "tens of millions more" from home video, repeated airings on TV, etc.

Costner states that defendant Morgan Creek Productions stopped cutting him in on his rightful share of the loot (his "acting participation")—an annual 15 percent of the adjusted gross receipts since the film passed $100 million—in 2010 and 2011.

The Hatfields & McCoys star also charges that the studio under-reported home video gross receipts by as much as 90 percent, assigned distribution rights to an international subsidiary in violation of their original deal and wrongfully deducted $2 million in costs from their gross receipt total without providing evidence that the costs were actually incurred.

Morgan Creek "intentionally concealed information and employed inaccurate and improper accounting practices designed to deprive Costner of his backend participation," the complaint states.

Coster is demanding unspecified damages for alleged breach of contract, fraud, unjust enrichment and breach of implied covenant or good faith dealing.

—Reporting by Claudia Rosenbaum