Adam Sandler named most overpaid actor

Adam Sandler has topped Forbes magazine's 2013 list of the most overpaid actors. A string of recent failures has landed the comedian at the top of the list, yet he is among the few actors who can still demand a paycheck above $15 million.

The top 10 list is based on the last three projects of each actor. It has been put together using data gathered by Forbes' Celebrity 100 research and Box Office Mojo to calculate how much, on average, each star's last three films earned at the box office per dollar of pay, said the website of the magazine.

Two of Sandler's offenders are "Jack & Jill" in which he played both halves of a brother-sister twin set, and "That's My Boy", in which the 47-year-old played the father of Andy Samberg, 35.

The former film grossed $150 million, but it took an estimated $80 million to make.

"That's My Boy" didn't fare well either. With an estimated budget of $70 million, the film brought in only $57 million at the box office worldwide.

To compile the list, Forbes looked at the last three movies each actor starred in over the three years to June 1. Looking at pay, movie budgets and expenses, a return on investment number for each star was calculated and then an average of those numbers gave an idea of overall return.

Close behind Sandler in second place is Katherine Heigl. For every dollar she was paid, Heigl returned an average of $3.50. Reese Witherspoon ranks third with an average $3.90 return for every $1 she gets paid.

Actor Kevin James has made his debut on the list and occupies the fifth place.