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Why Daniel Craig agreed to play James Bond again

After the release of the 2015 Bond film 'Spectre' Craig said he'd rather slit his wrists than play 007 again.

British actor Daniel Craig. Picture: AFP

LONDON - News that Daniel Craig has agreed to reprise his role as James Bond has been warmly received by many filmgoers. But having dismissed a return as 007, what made him change his mind?

It's reported the actor has been offered a staggering R1.7 billion for one last movie as the British spy.

After the release of the 2015 Bond film Spectre Craig said he'd rather slit his wrists than play 007 again.

But the 49-year-old is to return to the iconic role for the fifth time.

In the 60s, Sir Sean Connery played Bond in the first of the movie franchise for just R220,000. By 1971, however, he was paid nearly 400 times that amount in Diamonds Are Forever.

Craig's latest fee is reported to be a massive increase on that, with the film not due out until 2019.