Russell Crowe has reached a settlement with a Manhattan hotel employee who claimed the actor threw a phone at him, according to a statement released Thursday by the actor's publicist.

The Academy Award winner allegedly struck concierge Nestor Estrada in June while Crowe was in New York to promote his movie "Cinderella Man," in which he portrayed a boxer.

"Both sides expressed satisfaction at the resolution," the statement said. Terms of the settlement were not disclosed.

--Any guesses on how much Crowe had to give him?

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