Daniel Craig has been offered a staggering $150m to reprise his role as James Bond in two more films, giving Sony time to smoothly transition the prized role to a new actor, reports RadarOnline.

“The studio is desperate to secure the actor’s services while they phase in a younger long-term successor,” a source told the entertainment website.

“Then they will shoot two more films, which will be made virtually back-to-back, preferably featuring Daniel as 007 before he passes the figurative baton to someone else for a third movie that will mark the start of the new era,” explained the source.

Actors rumoured to be in the running for the part include Idris Elba, Michael Fassbender and Tom Hiddleston.

The source added that Craig has “played a genius hand. Everyone knows how much executives adore him, and the idea of losing him at such a crucial time in the franchise isn’t an option as far as all the studio honchos are concerned.”

“Daniel’s the key for a seamless, safe transition as far as Sony and Bond bosses are concerned, and they’re prepared to pay a king’s ransom to make it happen.”

At $75 million a movie that’s quite a pay cheque, up from the reported $65m for 2015’s Spectre. Still, with Skyfall and Spectre bringing in around a combined $2 billion at the worldwide box office Craig’s fee seems value for money.

Source: Radar Online