Eddie Murphy was once among Hollywood's top box office draws, but he now has the dubious honor of being crowned its most overpaid actor, according to Forbes magazine.

In its annual list, determined by the misalignment between star salaries and their films' box office take, Murphy, once a one-man gold mine with 1980s hits such as Trading Places and Beverly Hills Cop, displaced Drew Barrymore this year.

"Murphy's career has just collapsed," Forbes said, citing such recent box office bombs as Imagine That, A Thousand Words and Meet Dave.

Weighing box office receipts against paychecks, Forbes calculated that for every dollar Murphy was paid for his last three films, they returned an average of just $2.30 at the box office. Murphy placed second on the list a year ago.

Popular actresses such as Katherine Heigl, and Oscar winners Reese Witherspoon and Sandra Bullock, made the top five, with "returns" ranging from $3.40 to $5.

Forbes criticized Witherspoon's "questionable" choices such as the star-laden, James L. Brooks romantic comedy How Do You Know, one of 2010's worst performing films.