McConaughey to receive USD 135K for University speech

Washington: The University of Houston is paying Oscar-winning actor Matthew McConaughey USD 135,000 to deliver the commencement speech in May.

It was also revealed that school bosses agreed to cover MCConaughey's travel expenses and hand over a 15 per cent commission fee to Celebrity Talent International agency executives for setting up the deal, reported the Washington Post.

The 45-year-old actor will be donating the money to his Just Keep Living Foundation, which implements after-school fitness and wellness programs in inner city high schools.

Guest speakers typically accept honorary degrees in exchange for delivering commencement speeches, although it is not unusual for some to instead take a form of payment.