Their offer, confirmed by Clooney's spokesperson on Thursday, would provide the union an extra $150 million over three years and could help fund improved health benefits.
Clooney also said top stars would only collect residuals once lower-paid actors received theirs.
"A lot of the top earners want to be part of the solution," Clooney told Hollywood publication Deadline, which first reported the news. "We think it's fair for us to pay more into the union."
A SAG-AFTRA spokesperson did not immediately respond to a request for comment.
He's offering his money instead of the studios' money. They would absolutely love if the union took that deal.
The lesser of 2 evils.