Will Ferrell, 42, and his wife Viveca Paulin, 40, are expecting their third baby, a boy, due in January the actor’s rep confirms.

Ferrell and his art auctioneer wife are already parents to sons Magnus, 5, and Mattias, 2.

The couple met at an acting class in 1995 and wed in August 2000.

Ferrell last starred in this summer’s Land of the Lost, and earlier this year his Broadway show, featuring his famous George W. Bush impersonation, was nominated for a Tony. Will is currently filming the action/comedy The Other Guys, which costars Mark Wahlberb, Samuel L. Jackson, Eva Mendes and Dwayne “The Rock” Johnson.

According to Forbes’ second annual ranking of the most (and least) bankable actors in Hollywood, Nicole Kidman’s films earn a mere $1 for every dollar Kidman was paid, compared with $8 in 2007. “The Invasion,” a second remake of the 1956 classic “Invasion of the Body Snatchers,” actually lost $2.68 for every dollar Kidman earned.

To compile the list, they looked at each star’s last three films that opened wide before Jan. 1 (in order to give each film time for a DVD release). They didn’t count animated movies, supporting roles or anyone consistently earning under $5 million per movie.

Here’s the list of overpaid actors/actresses.
1. Nicole Kidman
2. Jennifer Garner
3. Tom Cruise
4. Cameron Diaz
5. Jennifer Lopez
6. Jim Carrey
7. Nicolas Cage
8. Drew Barrymore
9. Will Ferrell
10. Cate Blanchett

Yes, in an interesting attempt at movie marketing Will Ferrell posed for a slew of shots with supermodel Heidi Klum in the 2008 Sports Illustrated Swimsuit Edition to promote his basketball movie, Semi-Pro in theaters February 29th.

Go on over to YourMovieStuff.com to see the other pictures.  Pretty funny!