British star Daniel Craig is reportedly being paid £31 million to reprise his role as 007 in two more movies, making him the highest paid James Bond ever.

The deal makes Craig, 44, the best-paid Bond to date, even taking into account the effects of inflation on his predecessors' paypackets.

Craig, who features in the latest film Skyfall, will star in a film that could be ready for release by 2014, the Daily Mail reported.

The global box office success of Skyfall has also led to a huge jump in Craig's salary, which is way bigger than his £1.9 million for Casino Royale and £4.4 million for Quantum of Solace in 2008.