Except, Elf 2 never happened and actor James Caan, who played Walter in the film, thinks he knows why.
As it happens, this is Walter Hobbs (James Caan), a cynical businessman.
It is what it is, but maybe one day Ferrell and Favreau can bury the hatchet and give us more Buddy the Elf adventures.
And the director and Will didn’t get along very well,” Caan told the Bull & Fox radio show (via Yahoo.)
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