Charlie Sheen will not only be staying on for two more seasons of 'Two and a Half Men,' the actor is getting a huge pay raise to the tune of nearly $2 million per episode, according to reports.

The deal, between Sheen's reps and Warner Bros. TV, was sealed Monday night and bumps his salary for the CBS comedy from $850,000 to between $1.8 - $1.9 million each episode, Variety is reporting.