The comedy stars Sheen as an eccentric therapist opposite Selma Blair and Shawnee Smith, and premiered last month to record-breaking cable ratings.
Deals have since been made to air Anger Management in other countries, including on the UK's Comedy Central network.
Thursday's (July 5) airing of the show was down 35% in viewers from last week's debut, pulling in 3.37 million viewers instead of 5.47 million, Deadline reports.
However, the show did rise 44% in its core demographic on adult viewers aged 18-49.
The show has already been renewed for a second season, and stands to make a syndication deal for a 90-episode renewal provided it continues to meet certain ratings targets.
