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Woody Allen Settles -- Jew Owe Me Five Mil

5/18/2009 12:00 PM PDT BY TMZ STAFF

Sunrise, sunset -- Woody Allen's legal war over a billboard showing him dressed like an orthodox rabbi finally came to a close ... and it only cost $5 mil.

Woody Allen

Woody had demanded ten mil from American Apparel for doctoring an image from "Annie Hall" to make him look like a rabbi for the 2007 ad. But today -- literally minutes before jury selection was set to begin for the trial -- the two sides reached a settlement.

Five mil buys a lot of Manischewitz.

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