Sheen is expected to get a one-time $25 million payment in about two weeks, then about $100 million in syndication profits over the next seven to 10 years for the 180 episodes of the show he taped, the entertainment news Web site said.
The actor was fired this year from the Warner Bros. sitcom "Two and a Half Men" after eight seasons because of his erratic behavior and substance abuse, as well as for disparaging remarks he made about series creator Chuck Lorre, his co-stars and the show itself.
He later announced he is planning to star in a comedy series inspired by the film "Anger Management," however, it is unclear exactly when or where the show might air. He was roasted last weekend during a program broadcast on Comedy Central Monday, the same night as the Season 9 premiere of "Two and a Half Men," which received generally good reviews.
In recent interviews, Sheen has said he is sober and looking forward to the future.
He also wished his former "Two and a Half Men" stars well when he presented an award at the Emmys ceremony Sunday night.