Jason Weaver Says He Earns Royalties On ‘The Lion King’ Instead Of Taking $2M Paycheque

Jason Weaver’s mother wanted her son to be set for life when he signed onto “The Lion King” in 1994.

In a new interview with VladTV, the actor/singer, who sang “I Just Can’t Wait To Be King” and “Hakuna Matata” as young Simba, revealed his mother refused a $2 million cheque for royalties during negotiations.

RELATED: ‘The Lion King’ Is Now Disney’s Highest-Grossing Animated Film Of All Time

“Disney had a reputation for re-releasing stuff. I think at that time they had put out ‘Sleeping Beauty’ and some of their old catalogue from when [Walt] Disney was alive. They were releasing that stuff when they were releasing the new Disney stuff, so she was able to see the playing field and go, ‘Wait a minute, this is going to make a lot of money over time, so what happens when my son turns 40? Is he going to be able to get a cheqe for this when they eventually re-release this?’” he explained.

“It was so we can play the long game,” he continued. “In her opinion, because that residual income that I generate is so helpful. I make sure I give my mother her just due to props because if she hadn’t done that it would have been the biggest mistake of my business career.”

RELATED: Jason Weaver Reveals Why He Sang As Young Simba In ‘The Lion King’, But Didn’t Provide The Speaking Voice

Since the film’s release in 1994, Weaver has earned more than $1.9 million in royalties. Disney re-released “The Lion King” in 2002 for an IMAX re-release and again in 2011 for a 3D experience.

Disney also debuted a live-action re-make this summer.

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